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#BTC/USDT ANALYSIS

BTC bounced perfectly from the marked horizontal support as expected, but price once again faced rejection below the descending trendline and horizontal resistance zone.

At the moment, BTC continues to trade inside the range, and further sideways movement between support and resistance looks likely until a decisive breakout or breakdown takes place.

A clean breakout above resistance could trigger bullish continuation, while losing the support zone may open the door for another downside move.

#Blazx #BTC #Bitcoin
BTC-3.01%
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