Bitcoin tested a 200-day moving average, but was not able to close above it, that led to a 6% correction. The is a support level at $8,400, which is a 50% Fibonacci Retracement.
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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.