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BTC has been trading sideways at the price of $ 30,200 in the well defined trading range. Watch for potential breakout to confirm further direction.
If the price breaks the pivot low at $ 28,600, there is potential for bigger drop towards $ 25,540. Under this condition selling will be preferable.
If the price breaks the pivot high at $ 32,500, there is potential for a rally towards $ 34,200. Buying opportunities will be preferable under this condition.
* The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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