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BTCUSD has broken through support of a Head and Shoulders. It has touched this line at least twice in the last 16 hours.

BTCUSD has broken through a support line of a Head and Shoulders and suggests a possible movement to 65985.8891 within the next 5 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 16 hours.

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