BTCUSD price reacted somewhat positively after hitting $42,000 and has now bounced back to $49,000, slightly below $50,000. my judgment is that short-term resistance levels are in the $500,000-540,000 range and that the price will fall to test $44,000-46,000.
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Prices are running in a new gray area.
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Will prices escape the gray area? Short-term popularity has returned and I remain neutral for now.
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Test Resistance
