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March 27 Bitcoin Update – BTC Holding Strong Above the Red Zone

Yesterday I discussed how $BTC is attempting to flip the red resistance zone into support. BTC has held above the red resistance zone for more than 24 hours, but is also struggling to make some progress to the upside. The price action is neutral above the red resistance zone with a range between $69.4k and $71.7k. I would monitor to see if this red zone continues to provide support, and it’s looking good for bulls so far.

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