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My previous BTC chart has been invalided currently it is lying on the support of 38.9k - 38.6k. We are expecting a bounce from here but if it breaks and closes below the support then it can drop up to the 38k level. RSI has entered into the oversold region. A sustained breakdown is a bearish sign for the market while a bounce from here will be a bullish sign. Let's see how the market reacts a few hours.
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