Welcome members to this update on BTC .

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After a 10% drop, BTC is trying to rally higher. It looks like BTC will rally higher but before getting to any conclusion we better watch out.
The current price is $41.2k where 21 MA is holding the price. If BTC manages to cross this level then $42.5k & $44.6k will be the possible resistance level . If BTC gets rejected from here then $37.7k will be the possible support level .

Things could head in any direction so be careful and keep an eye on the current market price.

What do you think bout the BTC price? Do you think a rally is in or a drop is still valid?

Share your views.

Thank you.