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Overnight, bitcoin reached $20 800 on impulse but was unable to hold at that level. Judging by the chart, the price of the asset has hit a local downtrend. If the bitcoin rate continues to rise in the near time, it will be possible to talk about the formation of the bottom of the current correction.

The material is not an investment recommendation and is published for information purposes only. Remember: technical analysis does not guarantee successful trading, as it is based on historical data only.

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