Following up on yesterday's report, the resistance at $39K was simply breached, despite the fact that it had previously been tapped.

The price is currently encountering resistance. $42K is a key support and resistance level for several support and resistance flips. If the price breaks through this level, it may test the $44300 daily barrier and maybe the upper trendline. When we approach the larger symmetrical triangle pattern, proce makes the bigger transaction.

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