BTC price now has support above $40K as data shows Bitcoin ‘redistribution event’ By Cointelegraph

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(BTC) is “looking pretty good” as the week progresses as bulls line up challenges for several significant resistance levels.

In an update to Telegram subscribers on Mar. 2, Filbfilb, an analyst at trading suite Decentrader, joined increasingly bullish sentiment around the outlook for .

BTC/USD chart with levels marked. Source: Filbfilb/ TradingView
BTC/USD orderbook data chart (Binance). Source: Material Indicators