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Technical analysis:
BTC/USD has been trading sideways at the price of $37.300 and I see potential for the breakout mode or the rejection of the resistance.
In case of the rejection of the resistance at $38.000, there is the chance for the lower prices towards $34.750
In case of the breakout of the resistance at the price of $38.000, there is the chance for the growth towards $41.000
RSI oscillator is showing reading above the 50 level and below 60, which is sign of the indecision.a
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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