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BITCOIN 25.03.2021
Overview:
Prices are moving in a short term downtrend
Expected:
We note on the chart that the pair is trading below a strong resistance level around 53054, which enhances the chances of a drop to 49222
Alternative Scenario:
On the other hand, we think that if the level of 53054 was broken to the upside, this pair might push further to the upside, reaching 55000.
| Resistance | 53054.77 | 55000.00 | 55450.55 |
| Support | 49222.00 | 49000.00 | 48564.25 |
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