Published: 04 Feb 2022 › Updated: 04 Feb 2022
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Bitcoin is trying to break the $39,250 resistance area but is unable to close a candle above it. BTC needs to break and close above this resistance otherwise we see more downward movement. The bulls are trying hard to get above this resistance area. The next major resistance area after this is $40,000-$42,000. The support levels remain the same.
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