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Today, bitcoin may approach the $21 500 mark, where the first important resistance is located. With its breakdown, there is a prospect for growth to $23 000. In case of a rebound from the resistance level, the bitcoin price will go back to support around $20 000, which is the lower edge of the wedge.

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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