💥 Bitcoin price drops to $113,000 – Report reveals upcoming forecasts 📉
The analysis company MakroVision published a new report following the recent decline in Bitcoin's price, confirming that the market is undergoing a strong and rapid correction phase.
🔹 Key technical levels according to the report:
Support at 0.382 Fibonacci at $114,200 has been tested.
If this level is broken, the expected range for decline is $111,000 – $108,000.
On the bullish side, breaking $120,300 could ignite a strong upward wave once again.
⚠️ The company warned that a continued deeper decline may threaten the upward trend in the medium and long term.
💡 Note: This is not an investment advice, just market analysis.