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After testing the resistance line numerous times, BTCJPY is once again approaching this line. Can we expect a bullish trend to follow?

BTCJPY is moving towards a resistance line. Because we have seen it retrace from this line before, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 2 days and may test it again within the next 5 hours.

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