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21 June 2021

TA: Bitcoin Extends Losses, Why $30K Holds The Key For Next Wave

TA: Bitcoin Extends Losses, Why $30K Holds The Key For Next Wave


smart summary beta

Bitcoin price extended its decline below the $33,000 support zone against the US Dollar.

However, the price is facing a strong resistance near the $34,000 level.

The main resistance is near the $34,000 zone, above which the price could test the 100 hourly simple moving average.

The first major support is near the $32,300 level and the channel trend line.

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