BTC technical analysis 16/01/2021

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Current support/resistance :

$35'500.0/$38'700.0 The Bearish momentum indicated by MACD lines along with a neutral RSI is not strong enough to reverse the SB Indicators continued bullish take on the market. A negative day for the bulls with a loss of more than -6.06% off the price! Volumes exploded yesterday with an increase of more than 14.28%.

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Tags: BTC, Volumes, technical, MACD, RSI, Bearish, analysis, SB

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