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PRICE ANALYSIS BTC/USD

BTC/USD price is traded at the resistance of USD 9,200, thus trying to pass above this level. If it passes above the level of 9,200 USD, the price will face the resistance of 9,300 USD, if fixed above which the price can impulsively continue the rally to the resistance area of 9,500 USD and test the resistance level of 9,650 USD in the nearest trading sessions.
Otherwise, the price is likely to resume its decline in the support area of 9,060/9,000 USD. In this case, the price is likely to re-test the support at 8,900/8,800 USD.

BTC/USD H1 chart

Day trade range expected minimum : $ 9,064/9,040– 9,220/9,250

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