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BTCUSD is approaching 39396.8086. We expect either a breakout through this line, or a rebound.

BTCUSD is heading towards 39396.8086 and could reach this point within the next 17 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.

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