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#BTC Update on 4 hour time frame BTC is now trading near 38.4 | Binance Express™

#BTC Update on 4 hour time frame

BTC is now trading near 38.4k.

It has now tested the bottom of the channel and also tested exactly 100EMA.

If the price closes inside the channel then the channel is invalid.

Otherwise there will be many chances that the price may get rejected from here and go up to 35k.

The other reason is that the price is absolutely rejected from the 200EMA.