As you can see from the chart Bitcoin is printing higher lows and hitting the resistance of 42K every time again and again. This shows that the chances for a break up is bigger than a break down. My target is 47K
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Unfortunately china ban news came out 20 minutes after i posted the idea. This is very unlucky who could knew that so bad news would come out and destroy such a good developing pattern. Lets hope no more bad new for bitcoin and the crypto world