Bitcoin Technical Analysis
Bitcoin is currently fluctuating between $91,334 and $106,490, with a strong resistance observed at $106,490. Using the Trend-Based Fibonacci tool, the key levels to watch after a breakout are:
Fib 0.618
Fib 1
Fib 1.618
In case of a decline, the most critical support levels are $91,334 and $86,690. If these levels are lost, a further drop to $73,000 is possible.
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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.