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Bitcoin Overbought at $40K Resistance; Support at $34K-$36K

Bitcoin (BTC) accomplished a restoration from Monday’s 10% pullback and is now re-testing the $40,000 resistance stage. The cryptocurrency seems overbought, which may set off some revenue taking after a close to 25% rally over the previous week.

Decrease help is seen round $34,000-$36,000, which is the center of a two-month vary.

Source: CoinDesk

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