Based on my technical analysis, Bitcoin (BTC) is expected to drop to **$78,466** again. The analysis is derived from key market indicators, including support and resistance levels.
Recent price action suggests that BTC previously tested this level as a significant support, and with current market structure, it is likely to revisit it.
Traders should monitor price action closely for confirmation and be prepared for possible volatility around this level.
Recent price action suggests that BTC previously tested this level as a significant support, and with current market structure, it is likely to revisit it.
Traders should monitor price action closely for confirmation and be prepared for possible volatility around this level.
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Disclaimer
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.