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April 6 Bitcoin Update – BTC Facing Resistance in the Red Zone

$BTC bulls are continuing to show some strength here, but there is still some resistance at the red zone. This will be an importantly weekly candle close, bulls want to keep the price above the yellow support line. If this support level holds we can see some nice upside in April, TrendSpider’s seasonality index shows that April is one of the best performing months for Bitcoin. The halving event is now just 2 weeks away as well.

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