Resistance was hit and a rejection might be brewing.
tracked the pullback for BTC/USD after the pair hit its highest levels in more than a week.
Fellow Twitter account Daan Crypto Trades further highlighted $45,700 as an upside target important for a resistance/support flip. According to crypto trading firm QCP Capital, the determining factor lies in options markets, which have now become significant enough to have a “material impact” on BTC price action.
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