BTC Confirming Support at 38,000
BTC passively broke out from the descending channel and confirmed buyers within the 38-37000 range. Continuation of this could lead to a breakout or more resistance from sellers at the upper range of what appears to be a bull flag. A strong daily close would confirm an upwards reversal. FOMO could lead to a complete breakthrough on the initial bounce. On top of this, MACD is on its way to a bullish cross. Wait for daily close.
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