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April 8 Bitcoin Update – BTC’s Bullish Breakout, Resistance at the Light Blue Zone

Yesterday we had a bullish weekly candle close above the yellow trendline, and bulls are holding the yellow trendline as support. These bulls also wasted no time pumping up the price this week with breakouts above several key resistance levels that include the red zone and orange trendline. $BTC is currently facing resistance at the light blue trendline, and there could be a short-term pullback here if there is a rejection.

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