BTC Support; Third Encounter

BTC has seen price declines halt at the 0.236 retracement level three time since the sell of from 20k. The third touch over the course of 10 days acts like aprice floor on bitcoin. This is a good time to buy. A cautious investor can enter with a stop set at 11500.
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternsTrend Analysis

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