Bitcoin is still ranging in the area between $46K to $50K. We are currently just under $48.2K, a level we have discussed many times here. Bitcoin has been respecting this range for a few weeks, and we feel its time it made a move either way. The $50K level has remained a barrier to Bitcoin and we must break this to be considered anything serious. We should have support from below in the $45K range as there is a cluster of three levels around here
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