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Bitcoin Now Tests the Bottom of the Range

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@scaredycatguide
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Two weeks ago I posted about the price of bitcoin testing the top of the range, which we now know failed to break out.

So here we are now testing the bottom of the range.

Will it hold once again???

Looking at the chart you can see this 30k to 41K range is been holding strong for the past month. Eventually price will break out of it, the question is will it be to the upside or downside?

Right now price is testing the support, which marks the 4th occurrence and one thing I do know about support and resistance is that the more times it touches the more likelihood we see a break.

We shall see if price can hold again!

Posted Using LeoFinance Beta