quantguy

Bitcoin Rejects $45K!!

BITSTAMP:BTCUSD   Bitcoin
Bitcoin took a sharp nose dive at $45K. We informed you yesterday that the buying in crypto was weak and we still aren't convinced of the rally. This sharp selloff took us back to $41.9K, which is a strong level of support and we have $41.6K just under this. We have two more levels before we can think about the $30K handle again. The level $45K remains a significant barrier if Bitcoin gains strength.

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