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BTCUSD: Bitcoin Tested this Price Level Multiple Times!

Hello Trader Community!

I wanted to point out a fact that on a weekly chart bitcoin shows resilience at these price levels.

As it is shown on the chart, the 50 Week Moving Average line was successfully tested 3 times recently, providing strong support so far.

Do you think this price level will hold or will bitcoin test lower levels?

Share your thoughts and do your due-diligence!

Best,
LTT
Chart PatternsTrend Analysis

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