BTCUSD stop pumping near 200MA resistance what is next?

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

MMBTtrader

As we said in the previous analysis (long position from 37K support) 200MA is local resistance here and stop the price:

BTCUSD Can hit targets like 46K & 50K soon

Now if this resistance remains valid we may have local fall here to the support zones that are mentioned on the chart and only if this resistance breaks we are looking for targets like 51K and 60K.

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