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The Bitcoin Cash vs USD is now moving in a narrow range between 239.80 and 335.88. BTC may try to test the 283.01 level. if this level is broken, the BCH/USD pair will continue to decline. It will test test 239.80. This scenario will come true if BTC does not rise and close above 305.50.
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The material has been provided by InstaForex Company - www.instaforex.com