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BTC/USD Consolidation Post-Downturn: Watch for Breakout

Long
Bitcoin (COINBASE:BTCUSD)  
learningedge  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Wave Analysis
2
0
trendanalysis waveanalysis
After a sharp downturn, BTC/USD is now consolidating around $43,000. A breakout from this zone could set the stage for the next move. Keep an eye on volume for direction clues. Set stops beneath the consolidation low to manage risk.
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