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Crypto sells off amidst Trump Tariff Turmoil! $Trove falls 90% in awful TGE! Pump Fund announced! Strategy ($MSTR) Creates $1.44 Billion Reserve to Calm Fears of … MoonPay Inks 8-Figure Title Sponsorship Deal for Upcoming X Games League Coinbase CEO says Big banks now view crypto as an ‘existential’ threat to their business

Trading View April 2, 2022

$BTCUSD bullish set up on weekly chart

$BTCUSD bullish set up on weekly chart

$BTCUSD bullish set up on weekly chart

Bitcoin / TetherUS BINANCE:BTCUSDT

Vinodinvest

Bitcoin is showing some momentum accumulation with its weekly MACD (about to) turning positive.
It broke above the short term resistance (white horizontal line on the chart)
Based on the short term breakout structure, I believe the immediate target is likely to be $55000.
Fib retracement analysis suggest that if the momentum builds further, it could break out to $73000 level while making a new high along the way.

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