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BTC/USD has retreated till $353 on Friday after making a high of $502 and currently trading around $367.
- The pair is struggling to close above $400.
- On the downside major support is around $354 and any break below that level will drag the pair till $312/$300/$280.
- The pair's minor resistance is around $385 and break above targets $400/$ term bullishness only above $450.
It is good to sell on rallies around $365-70 with SL around $402 for the TP of $300/$280.
