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BTC/USD Overview 29 May 2022

Oleh KangeloFxGroup
While overall speculation from talking heads assuming that BTC will soon rise has proven untrue. This is as a result of price failing to break the current Resistance at 40540.6. Price failed to break this level a couple of times which resulted into strength for Sellers. Overall trend is bearish. Price could struggle to break below 34000.00 in the next couple of days but we are anticipating 29882.4 as the next level of Sell. Sell meantime and hold.
Chart PatternsTechnical IndicatorsTrend Analysis
KangeloFxGroup

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