Past performance is not an indicator of future results.
BTCUSD is moving towards the resistance line of a Flag which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If BTCUSD continues in its current trajectory, we can expect it to reach 8819.9000 within the next 9 hours.
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