BTC price now has support above $40K as data shows Bitcoin ‘redistribution event’

Bitcoin (BTC) is “looking pretty good” as the week progresses as bulls line up challenges for several significant resistance levels.

In an update to Telegram subscribers on March 2, Filbfilb, an analyst at trading suite Decentrader, joined increasingly bullish sentiment around the outlook for BTC/USD.

Trader focuses on levels above $40,000

After surprising the market with a breakout Monday, Bitcoin has risen to challenge February highs. While so far not beating them, investors and traders…


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