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Bitcoin Price Prediction: Lack of support levels to hurt Bitcoin even more – Confluence Detector

Published date: 28 Mar. 2020 | 02:52

BTC/USD fell from $6,75,68 to $6,377.83 this Friday.
There are two strong resistance levels at $6,280 and $6,315.

BTC/USD daily confluence detector

BTC/USD has fallen from $6,377.83 to $6,277 so far in the early hours of Saturday. The daily confluence detector shows a lack of any healthy support levels, so a further drop is expected. On the upside, there are strong resistance levels at $6,280 and $6,315. The former has the one-hour, 4-hour, and one-day Previous Lows, while the latter has the SMA 5 and one-day Bollinger Band.

Key Levels

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