BitcoinShort
Bitcoin Meets Resistance
Bitcoin has faced resistance from 38.2K, and has pressed down to lower levels of support in the narrow range between 
36K and 38K. We appear to be finding good support at 36.7K, confirmed by a green triangle on the KRI. However, there is a vacuum zone down to 34.9K. The crypto markets are looking weak, so be mindful of this downside risk. If we are able to muster the strength for a breakout, then we must definitively break 38.2K, in which case, our next target would be 40K.
36K and 38K. We appear to be finding good support at 36.7K, confirmed by a green triangle on the KRI. However, there is a vacuum zone down to 34.9K. The crypto markets are looking weak, so be mindful of this downside risk. If we are able to muster the strength for a breakout, then we must definitively break 38.2K, in which case, our next target would be 40K.
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