Bitcoin consolidation triangle resistance
Bitcoin is in the consolidation triangle. Strong upside resistance for the deeper pullback to 38000 lies at 32600. A rejection here and a break below 28500 will lead to a new swing down and a test of the key long-term downside resistance 20000. Only a break above 32600 could invalidate the downside extension in the short term.
Note: look for the short trade entries with the stop loss above 33000
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