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BTC/USD has been trading upside this morning but I found breakout of the key resistance zone at the price of $16.630, which is sign that buyers are in control.
Due to the breakout of the resistance zone and hold above this key level, I see potetnial for the further growth towards next upside objective.
Watch for the potential buying opportunities on the intraday dips with the upside objective at the price of $16.900.
Key support is set at the price of $16.630
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Relevance up to 10:00 2023-01-03 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
