Further Development

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Analyzing the current trading chart of BTC, I found that buyers are in control on the BTC and that there is potential for the $58.300 before any further selling.

My advice is to watch for buying opportunities on the dips intraday and target at $58.300

Additionally, there is the extreme reading on the Oscillator, which is sign that there is strong imbalance and potential for rotation in next period…

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

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