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Hi friends hope you are well, and welcome to the new update on Bitcoin.
On an hourly time frame, Bitcoin has bounced from the support of the channel
but was rejected by $20800 resistance once again. On this hourly time frame,
Bitcoin has also formed a cup and handle pattern. If BTC breaks Cup & Handle
out then it can reach between $21k to $23k.
On a weekly time frame, RSI is still moving in the most oversold territory ever and now moved sideways.
For a detailed analysis, you can watch the video.
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