Based on BTC daily chart, it is now testing to break its bearish pennant resistance at around 39.3k. MACD signal line is currently forming an uptrend momentum. For confirmation, a candle close above the resistance and retest of the resistance turned support means that BTC are in a reversal uptrend. Otherwise, a rejection will bring BTC back to retest its previous support around .5 fib level or lower around 33k.
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