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10/31 BTC Daily Analysis


Yesterday, BTC retraced to the upper trend line and took out the bullish liquidity before rising to around 110,000, encountering daily resistance and beginning to decline in search of support. Currently, the support level is around 108; if it cannot hold at this level, the next support level is around 106.
For opening positions, aggressive traders can go long around 108, while conservative traders can short around 114 $BTC .
BTC-0.76%
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