BTC moved from the $40,750 area and is now testing the $42,500 resistance area. If BTC break and hold above $42,500 then we would see an upward move towards the $43,300-$43,500 area. If BTC rejected from here then we see a downward move towards the $41,500 area. The market is still hanging between support and resistance levels. A move below $40,000 will create panic and we would see a heavy dump after that. For a bullish market BTC need to break $45,000 and close daily candle above it.
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