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If BTCUSD touches 63235.0781 it may be time to take action.

BTCUSD is moving towards a line of 63235.0781 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 63235.0781 within the next 3 days.

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