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Sellers continue to dominate the market. Bitcoin price has fallen to the lower edge of the emerging wedge. The asset may find support at the level of $19-19,500 and start sideways trading. In case this level is broken and fixed below, bitcoin rate will continue to decline to the next support near $18,500.

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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