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Friday

23 April 2021

TA: Short-Term Bearish? Why Bitcoin Price Could Struggle Above $57.5k

TA: Short-Term Bearish? Why Bitcoin Price Could Struggle Above $57.5k


smart summary beta

BTC is now recovering, but it is likely to face a strong resistance near the $57,500 level.

The pair spiked below the $56,000 level and tested the next key support near the $55,500 zone.

The main resistance is now forming near the $57,500 level (the recent breakdown zone).

The main support is now forming near the $55,500 level.

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