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  • Writer's pictureCryptofool

Technically speaking: BTC short term

Technically, BTC is overbought in the short term. I expect a slight pull back to 40 - 41K levels. The price may even retest 38 -39K. If BTC keeps the momentum going the price likely reaches 49 - 50K level. On the downside , 34 -35K is the most important level to watch. After a sharp sell off , traders are on edge and breaching the 34K level may trigger a larger sell off.

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