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Bitcoin currently trading above both the Daily and Weekly Open, surpassing the $52,000 mark once again. The market seems to be in a sideways movement, suggesting potential volatility when the global market opens.
In the recent Weekly close, Bitcoin broke the downtrend resistance and reclaimed the key level of resistance from December 2021. This resulted in a weekly close above $52,000, establishing it as a current support level. The heatmap indicates a significant liquidity area between $53,000 and $53,400, possibly influencing the price in the coming hours. Losing the $52,000 level would hi