17.10.202209:24 Forex Analysis & Reviews: BTC update for October 17,.2022 - Watch for potential breakout of the trading range

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Technical analysis:

BTC/USD has been trading sideways at the price of $19.300. Watch for the price action around key pivot points to confirm further direction.

Trading recommendation:

In case of the of the breakout of resistance at $19.500, watch for buying opportunities with the upside objective at $20.400

In case of the breakout of the support at $19.000, watch for selling opportunities with the downside objective at $18.300

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