Further Development

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Analyzing the current trading chart of BTC, I found that BTC reached my first downside target from yesterday at the price of $49.000.

There is potential; for the upside correction but still see potential for the downside continuation towards $44.000..

Watch for the end of the upside correction for further downside opportunities with the downside target at $43.740.

Key Levels:

Resistance: $50.000Support levels: $43.740

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

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