LighthouseSays
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$BTC


The rebound from 106K to the current vicinity of 109.2 has encountered resistance. This movement is a very standard hourly wedge rebound structure. Currently, there is no clear direction, but it is close to reaching the end of the directional move.
Short-term attention on 108.2K, gains and losses here may trigger a bullish trend. If it breaks down, one can look at 107K-106.5K. Conversely, if it breaks the high point of 109.5 and breaks the wedge, then look at 110.3K and new highs.
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