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Bitcoin (BTC) Bounces After Rejection From $44,200 Resistance

2 mins
14 January 2022, 15:21 GMT+0000
Updated by Ryan James
14 January 2022, 17:05 GMT+0000
In Brief
  • BTC has broken out from a descending parallel channel.
  • There is support and resistance at $42,100 and $44,400.
  • Technical indicators are mixed.
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For BeInCrypto’s previous Bitcoin (BTC) analysis, click here.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions.

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