Litecoin finds support but here’s why an upward move may result in profit-taking

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice

Bitcoin was trading just beneath the $44.4k resistance level, but it appeared healthy enough to move toward $46k in the next few days. The reaction of Bitcoin at the $46k-$47k area could set the tone for the next move for the market- either a bullish couple of weeks as BTC marched toward $52k, or a bearish one in case the recent relief rally was wiped out by…


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