Bitcoin resting just above the $29k support

Bitcoin managed to break through the $30,500 resistance but was quickly slammed down and is now resting just above the $29k support.
Source: Tradingview (Coinbase)

After breaking the $30,500 resistance, bitcoin has found new resistance level at $32k, where it traded for two days before falling back below $30k.

Looking further up, we see another resistance level at $34,500, which served as a strong support level earlier this year.

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