Bitcoin Rejects $45K
Bitcoin has pressed higher, though hopes for a bull rally were quickly thwarted as we met resistance just below 45K. Several red triangles on the KRI indicated resistance, and the price action was rounding off. Support at 43.8K broke, and the next level below, 43.1K is hanging on by a thread. If we break down further, we should have support from two strong levels in the 
41K's, then 40K. The target from above to break is 45K, and we aren't convinced of any bull rally until this happens. After that, the next target is 47.4K, where we will be in a better position to consider 50K again.
41K's, then 40K. The target from above to break is 45K, and we aren't convinced of any bull rally until this happens. After that, the next target is 47.4K, where we will be in a better position to consider 50K again.
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