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Bitcoin resumes its positive trading calmly to approach gradually from our first waited target at 1298.00, where the price keeps moving within the bullish channel that appears in the above chart, which gets continuous support from the EMA50.
The bullish trend will remain preferred in the upcoming period, and breaching the targeted level will extend the bullish wave to reach 1400.00, while holding above 1169.00 represents an important condition for the continuation of the suggested rise.
Expected trading range for today is between 1200.00 support and 1350.00 resistance
Expected trend for today: Bullish
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