BTC is currently at the resistance of the 0.382 Fibonacci level at $38,200. If this resistance gets broken and BTC can close a few candles above this zone, this region could be flipped to support. In that case, we could see a move in BTC price towards $41,100, $44,000, $48,000, $53,200 and $68,100. Failure to break the resistance could lead to a drop towards $32,000, $30,500 and $28,900.
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