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Wednesday

28 July 2021

TA: Bitcoin Trim Losses, Why Bulls Need To Overcome $32.5K For More Upsides

TA: Bitcoin Trim Losses, Why Bulls Need To Overcome $32.5K For More Upsides


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There was also a break above a major bearish trend line with resistance near $31,250 on the hourly chart of the BTC/USD pair.

Finally, there was a break above the $32,000 resistance zone.

The first major resistance is near the $32,500 level.

An initial support on the downside is near the $31,500 level.

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