Weakening BTC Support. High chance to break it and go lower.
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Price has reached support at 91K and bounced off it 5 times now, which means that Support is WEAK now. If it goes back to 91K there is a high chance we go down to ~87K (0.5 FIB level). Let's see.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.