Technical analysis:

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BTC/USD has been trading downside yesterday and the market did back into the trading range and the support at the price of $25.700

In case of the rejection of the support at the price of $25.700, there is the chance for the rally towards upside reference at $26.750

In case of the downside breakout of the support at the price of $25.700, there is the chance for the further drop towards $24.650

The material has been provided by InstaForex Company – www.instaforex.com

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