Technical analysis:
BTC/USD has been trading sideways already for a few days around the price $34.400. There is potential for the breakout mode in near future.
In case of the breakout of the resistance at $35.200, there is the chance for the further growth towards $37.000-$38.000
In case of the downside breakout of the support at $33.200, there is the chance for the drop towards $32.174-$30.700
The material has been provided by InstaForex Company – www.instaforex.com
Technical analysis:
BTC/USD has been trading sideways already for a few days around the price $34.400. There is potential for the breakout mode in near future.
In case of the breakout of the resistance at $35.200, there is the chance for the further growth towards $37.000-$38.000
In case of the downside breakout of the support at $33.200, there is the chance for the drop towards $32.174-$30.700
The material has been provided by InstaForex Company – www.instaforex.com
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