BTCUSD is moving towards a line of 107543.8281 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If BTCUSD continues in its current trajectory, we may see it move towards 107543.8281 within the next 2 days.
Supported by Downward sloping Moving Average
Target: 107543.8281 Entry: 108965.5 Stop: 109597.3735
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