Bitcoin possible drop to 4800
Updated
After the recent ATH, a short-term pullback appears likely. RSI is now falling. The price will probably fall to around the 4800 area, where support would be expected. This also seems to line up nicely with the 0.618 Fib retracement from the last rally from 2900 to 6100, and would be consistent with the price touching the Ichimoku cloud where a bounce would be expected.
Note
A further drop would most likely be down to around 4500
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