December 6, 2022

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BTC next major support sits at $38K

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Elon induced sell off

For all those HODL’ers out there the next major support comes in at $38,000. This is the trend line low from October and December 2020 as well as teh congestion from this year’s January high’s. It is a natural pause point. However, if that breaks then the technical picture for Bitcoin has just become far more bleak. 

Elon induced sell off

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