Bitcoin(BTC/USD) Daily Chart Analysis For Week of April 21, 2023

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Technical Analysis and Outlook:
The rally of the coin price has reached 30,500, which completes the Intermediate Coin Rally with a strong Mean Res at the same price. A significant pullback is underway, with the price declining toward the Mean Sup of 26,900.There is expected to be a substantial increase in the price, leading to a retest of the Mean Res and Intermediate Coin Rally levels of 30,500. This will be followed by a further boost to reach the Next Outer Coin Rally point of 31,700 and, eventually, the Main Outer Coin Rally point of 34,000. Stay tuned for further price action.

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