Bitcoin is in bullish mode after bottoming at the reliable 68 TD Cycle at the 1/24/22 Low, which also touched multi year long term red channel support and have since reversed higher above its daily down channel.
We are approaching first resistance area at 46700 area, the 38% retrace, above that is major resistance at the 50-55% retrace & last swing 12/27/21 High at 51000-52000 area.
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