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Technical analysis:
BTC/USD has been trading sideways at the price of $20.300 and i see potential for the the downside rotation towards lower reference point.
Trading recommendation:
Due to the test and reject of the resistance at the price of $20.500, I see further downside movement.
Watch for potential selling opportunities on the intraday rallies with the downside objective at the price of $19.700.
Key resistance is set at the price of $20.500
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