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Technical analysis:
BTC has been trading sideways at the price of $30.200 in the well defined trading range. Watch for potential breakout to confirm further direction.
Trading recommendation:
If the price breaks the pivot low at $28.600, there is potential for bigger drop towards $25.540. Under this condition selling will be preferable.
If the price breaks the pivot high at $32.500, there is potential for rally towards $34.200. Buying opportunities will be preferable under this condition.
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