BITCOIN LONG POSITION TECHNICAL ANALYSIS

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Bitcoin weekly candles are turning bullish

Can expect price to reach 31K approx. and can even push higher to 47k

- Rejecting 19.5k level which was previous resistance in December 2020!
- Candles near support have small wicks, signs of heaving buying at this level and price doesn't fall below area that much apart from first touching candle
- Signs of new buyers at this level as wicks are not long

exactly following my other bitcoin long term analysis!!!!
Nota
Highlighted circles are signs of resistance at this level!!!
Beyond Technical AnalysisTrend Analysis

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