Bitcoin Still in consolidation

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* Bitcoin was in a good rally from last few days but it didn't break the major resistance instead it was rejected from the resistance.
* 50 Daily moving average was moving above the price but now it is working as the support for the price.
* BTC forms a rejection candle with a long wick near it's resistance.
* In order to continues the rally BTC need to break the major resistance including the above trend line.

Penafian

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