Bitcoin breaks the $40,000 area

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Bitcoin break the $40,000 area and made a high of $40,900. Bitcoin is now trading around $39,800. If today daily candle close above $40,000 then we will see a retest of the major resistance area of $42,000. There js a lot of resistance between $40,000 and $42,000.

The local support zone is $38,300-$38,500 and major support for now is $36,000-$36,500.

Source


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