BTC Update:
For the past few days, BTC has been in the favor of the bulls. Even after hitting the resistance level several times, it managed to hold and hit the $30k resistance level. This recent rally has been profitable for the market but we never know what will happen in the next hour. As per the analysis, we have a long-term horizontal resistance at $32k and BTC can most likely touch this level and show some correction.
Important points:
1. $30,000 to $32,000 resistance.
2. A correction in the market is needed.
3. MACD showing a temporary bullish crossover.
4. Breaking above the $32k resistance will invalidate the correction.
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