BTC near resistance

#BTCUSD
BTC is near to touch the short term descending resistance, if bulls success to close a 4h candle above this zone, price will head up to touch the upper line of parallel channel again, around 50k
and if #BTC reject this zone and choose the down trend then bears going to reach the support zone between 39K and $37500.
Bitcoin (Cryptocurrency)BTCBTCUSDFibonacciParallel ChannelSupport and Resistance

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