BITCOIN (BTC/USD) has recently dropped in price but struggled to break through a major support level (the yellow trend line aka the downward trend channel) which is currently holding the price. A few weeks ago the price also broke a strong resistance level (the white trend line shown on the chart) - The price is currently bouncing off the major support zone and likely to go back to the upside and hit the take profit level (drawn on the chart). Time to Buy BTCUSD!
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