Based on BTC daily chart, it had rallied to 39K and currently is staying above 38k recently. Based on MACD indicator, it is indicating a bearish divergence which MACD is having lower high while BTC having higher low. BTC still needs to break through 2 resistance to confirm it is bullish. First is 41K and the second is 42K and retest above it. A rejection will bring BTC back down to around 35k support.
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