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10.03.202309:46 Forex Analysis & Reviews: BTC update for March 10,.2023 - Both objectives has been reached,potential for further downside movement....

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Technical analysis:

BTC/USD has been trading downside I expected and the price has reached 2 objectives at $21.500 and $20.700.

Due to the longer-term downside trend and strong downside momentum I see potential for the further downside movement.

Next downside objectives are set at $17.700 and $16.000

Macd and Stochastic oscillators are showing that sellers are in control ..

Key resistance is set at the price of $22.000

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