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Further Development
Analyzing the current trading chart of BTC, I found that sellers are in control as I expected in my previous analysis.
I still expect lower price on BTC and potential test of the downside targets at $55.000 and $50.8000.
BTC is testing the previous swing low at $57.000, which is now acting like resistance....
The material has been provided by InstaForex Company - www.instaforex.com