📌 Tinance Trader's UPDATE BTC's correlation with equities

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📌 Tinance Trader's UPDATE BTC's correlation with equities dropped below zero for the first time since July, indicating a sharp divergence with traditional markets ➖➖➖➖➖ Tinance Trader's®

📌 Tinance Trader's UPDATE 
BTC's correlation with equities dropped below zero for the first time since July, indicating a sharp divergence with traditional markets
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Tinance Trader's® 

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$BTC On the hourly chart, #BTC is trading within a tight range. It is currently respecting the support at $33,000-$33,500 and resistance at $34,800-$35,000.

$ARPA analysis: The price has successfully broken through the resistance area of $0.045-$0.0476 and is currently retesting it. This may lead to an upward movement in the near future. At the time of retest, you can consider opening a small long position, but make sure to place a tight stop loss below the $0.045 level. We are expecting a positive bounce from this point.

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