BTC Daily Update 16 May 2021

BTC had broke out of its downtrend resistance and currently sitting at around
49K or 0.236 fib level based on recent swing high and swing low.
If BTC managed to break pass 0.236 fib level, we can see BTC touching 51k in the short term.
MACD is building upward momentum and this indicates an upward movement.
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