BTC – Bulls trying to hold ground

Bitcoin / TetherUS BINANCE:BTCUSDT

Stoic-Trader

The breakdown from 30k has failed (for now), and bulls and bears are fighting just above support. I believe the key is how the weekly candle will close.

Since Bears probably had major gains from the recent drop, they may start taking profits, giving bulls a much needed push.

In case of a recovery, the first resistance is 34-35k

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