BTC is showing clear bullish divergence and showing upward bullish support around 8170-8180 area. If we break the 8310-8320 area there should be a nice bounce to the 8450-8500 where the moment of truth for BTC will happen. If bears take over expect support around the 8050 area with the typical 8k psychological support. Until either of these options occur we will keep staying in the 7700 and 8300 trading area, Good Luck Traders!!
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