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14.08.2020 04:45 PM
BTC analysis for August 14,.2020 - Potential for the another downside leg towards the $11.140

As I discussed in the previous review, the BTC is in sideways mode and still inside of the range from 3-days ago.

Further Development

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Analyzing the current trading chart on BTC, I found that there is potential for the downside rotation towards the support at $11,120 or even $10,580.

There is the breakout of the rising channel (slope) in the background, which is good indication for the further downside movement.

Key Levels:

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