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BTC USDT Price Action analysis
BTCUSDT
, 1W
Short
BTCUSDT: BTC USDT Price Action analysis
Updated 

From the weekly timeframe, you can see how price is currently being rejected from the resistance level which gives us a bias of a head and shoulder pattern in formation, so by the looks of this Bitcoin is headed to the $42k support area and if price fails to hold that level, it could be headed for the bullish order block at $33k annotated with a blue shaded...

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