MARKET UPDATE
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Analysis -
BTC closed its daily candle red at $21,773.
According to the daily timeframe, 200 MA support is at $21,400-$21,500 and 50 MA support is at $21,000. Resistance is at $22,200 and $22,700. As per the 13 February daily candle, BTC was able to take support from 200 MA. Trade carefully and manage your risk strictly according to support and resistance levels.
US CPI Report will be released at 1:30 PM UTC Time today. The market will be volatile today so be careful with your trades.
