By checking the Bitcoin chart in the 2-hour time frame, we can see that the price is trading in the range of $43,600 and if the price cannot penetrate above $44,700 again, we will see a further drop in the price! Important demand ranges are $42,700 to $43,000 and $40,200 to $40,700 respectively! The supply ranges are $43,900 to $44,400 and $45,500 respectively!
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Best Regards , Arman Shaban