BTC should close the daily candle above the 200 MA (Yellow Line) to remain in bullish trend. If BTC unable to close above the 200 MA the market turns bearish and we see a test of $32,000 or even $29,000. Today close is very crucial. Let's hope we bounce good from 200 MA and also reclaim the $42,000 level. Market is highly volatile and not good for new entries. You can buy BTC with a stop loss of below $37,500.

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