BTC is currently sitting in the Fibonacci 0.618 retracement area of the recent rise with support from the 200-period exponential moving average. The loss of this place could take us to the 25K region. My opinion about the decrease to the 12-14K range has not changed, I am waiting for the needles to the 9.3-9.8K range, but before this happens, BTC is still reading what it knows.
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