Bitcoin Pushes Higher

Bitcoin has regained the highs of the range, testing 46K. We see two red triangles at this level which are suggesting that we are starting to see resistance, but currently we are seeing a bit of momentum come through. We should have support at 43.1K, which is broadly the mid point of the range. If we retrace the entire range, we will find further support at 40K. Targets above include 47.4K and 48.2K
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