BTC is now at the the support of $37700 and need to close the 4-h candle above it otherwise we will see a retest of the major support of $35500 - $36500 area. After a small rally from $29500 to $42500 BTC is cooling off. BTC may range bound again from $36,000 to $42,000 before breaking out either side. As long as BTC is above the major support zone things are good.
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