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Resistance around $24 000 has worked well. In addition, the BTC rate was also pressured by the news that Tesla sold $936 million worth of bitcoins. The nearest support is at the $22 000 level. There passes the upper edge of the wedge, which was already implemented several days earlier.

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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