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Bullish Or Bearish Bitcoin? Both Corners Have A Case!

Bitcoin has been range bound for the past few sessions and is at an inflection point. Both Bitcoin Bulls and Bears can make a case but it has yet to play out on the charts. We have marked out support and resistance levels in the daily Bitcoin chart below and would advise investors to await for a breakout/breakdown in Bitcoin prices but we have a feeling there maybe fake outs before the true direction reveals itself. Anybody’s guess right now.