TheNews

Bitcoin continues to hold support around $28,730 – trendline resistance overhead. JP Morgan upgrades crypto and calls it a preferred alternative asset. And Guggenheim CIO Scott Minerd calls for Bitcoin to fall to $8k in Davos interview.



Daily price is on bearish ranging within 27,993 support for the bearish trend to be continuing with 25,247 target to re-enter and 32,940 resistance level for the daily bullish reversal to be started.

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