Bexplus - BTC Ready To Break $41,592?
Despite once fell to 
36K, Bitcoin's rebound continues on the morning Asian trading session, as bulls continue to push the price upwards. BTC has now broken through the $40,000 mark. On the daily line, MFI continues to rise, indicating that Bitcoin could rise further with enough buying pressure. On Balance Volume is consolidating. Now $39,100 would be an important level to hold. If BTC could close higher than this level, the 38.2% FIB of $41,592 would be the next target.
Bitcoin's dominance rose to a high of 48.43% from 48.03%.
Major resistance levels - $40,500 and $42,000
Major support levels - $39,100 and $38,700
36K, Bitcoin's rebound continues on the morning Asian trading session, as bulls continue to push the price upwards. BTC has now broken through the $40,000 mark. On the daily line, MFI continues to rise, indicating that Bitcoin could rise further with enough buying pressure. On Balance Volume is consolidating. Now $39,100 would be an important level to hold. If BTC could close higher than this level, the 38.2% FIB of $41,592 would be the next target. Bitcoin's dominance rose to a high of 48.43% from 48.03%.
Major resistance levels - $40,500 and $42,000
Major support levels - $39,100 and $38,700
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