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Welcome to this BTC update.
BTC is trading inside descending channel in a 10hr time frame. In this channel, we see that BTC is forming Higher lows and lower lows. So from here, we might test a new LL which is around 35k.
After hitting that new LL we might see a relief rally which will take us to 38k. If daily close above 38k then we again see a bullish rally otherwise there is a high chance that we reject from 38k. Let's see how it goes.
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