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Bitcoin price resumed its positive trading yesterday to move away from the EMA50, reinforcing our expectations of continuing the bullish trend on the intraday and short term basis, waiting to test 656.00 level initially, which breaching it represents the key to extend the bullish wave toward 735.00. Therefore, we will keep our bullish overview in the upcoming sessions unless breaking 560.00 followed by 538.00 levels and holding below them.
Expected trading range for today is between 600.00 support and 700.00 resistance
Expected trend for today: Bullish
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