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News / Technical Analysis / After the SEC approval of a Bitcoin EFT, Bitcoin price dropped below the 45500 resistance, forming a Bullish trap

After the SEC approval of a Bitcoin EFT, Bitcoin price dropped below the 45500 resistance, forming a Bullish trap

Published: 15.01.2024 by Noirbull
After the SEC approval of a Bitcoin EFT, Bitcoin price dropped below the 45500 resistance, forming a Bullish trap. A pullback to 45500 followed by a downward bounce. A rebound from the upper support at 40000 or slightly below (around 35000) is expected. Correction?
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