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Technical analysis:
BTC/USD has been trading in the consolidation at $36.500 and I see that triangle pattern is in creation. There is potential for the brekaout mode.
In case of the downside breakout of the support at $36.000, there is the chance for the lower price towards $35.700 and $35.000
In case of the upside breakout of the resistance at $37.000, there si the chance for the rally towards $38.000
RSI oscillator is showing reading around 50, which is sign of indecision and potential for the further breakout.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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