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🚨 Market Update - 👀
Bitcoin continues to show strength with another reclaim of the 4hr EMA200. This was a key resistance level earlier in the weekend that we wanted to see flipped into support. The EMA200 currently sits at $64,025. There is no rush to enter new longs right now as BTC is pushing towards a daily supply zone at $65.8k - $67k.
This is quite a big short liquidation level, so I am interested to see the reaction if this is tested. For now I am happy to see how the Monday range develops and get ready for another great week!
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