Bitcoin Technical Analysis - Update
Bitcoin has created a double bottom bullish pattern near 41700 support line and looks bullish for the short-term. It is now trading near the local resistance line (42600) and trying to break that line to go toward 43800 as its first target from here. BTC may bounce from that local resistance line and move back and forth between that line and the support line (41700) for a while this weekend before it reaches its first target (43800).
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