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14.07.202213:24 Forex Analysis & Reviews: BTC update for July 14,.2022 - Watch for breakout to confirm further direction

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Technical analysis:

BTC has been trading sideways in last few weeks and I see potential for the breakout mode.

Trading recommendation:

Watch for the breakout of the consolidation to confirm further direction.

If the price breaks the resistance level at $22.360, watch for buying opportunities on the dips with the upside objective at $27.000

If the price breaks the support level at $17.700, watch for selling opportunities on the rallies with the downside objective at $12.776.

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