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Technical analysis:
BTC/USD has been trading upside and I found that key resistance at the price of $38.500 is on the test.
In case of the upside breakout of the resistance at $38.500 and hold above, I see potential for the further growth towards $41.700
In case of the fake breakout of the resistance, there is the chance for the rotation towards $37.000
RSI oscillator is showing consolidation with no major 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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