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31.01.202310:48 Forex Analysis & Reviews: BTC update for January 31,.2023 - Watch for the breakout of the range

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Technical analysis:

BTC/USD has been trading sideways at the price of $22.900 and I see potential for the potential breakout play.

Trading recommendation:

In case of the upside breakout of the resistance at $22.300, watch for buying opportunities with the upside objective at $23.800

In case of the downside breakout of the support zone at $23.400. watch for selling opportunities with the downside objective at $21.600

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