#Bitcoin Update


$BTC couldn't hold the previous support and dropped down to the 0.618 Fibonacci level. Right now, it looks like a simple retest, which could signal a potential move toward the $91K zone if it plays out.

However, if price climbs back above the resistance level and this turns out to be just a fakeout, the chart could flip bullish again.


IMO, it's better to wait and let a few candles form for confirmation.

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DYOR, NFA.