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BTCUSD is approaching 87008.0781. We expect either a breakout through this line, or a rebound.

BTCUSD is moving towards a line of 87008.0781 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 87008.0781 within the next 3 days.

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