The analysis company MakroVision published a new report after the recent drop in Bitcoin price, confirming that the market is going through a strong and rapid correction phase.
🔹 Key technical levels according to the report:
Fibonacci support at $114,200 has been tested.
If this level is broken, the expected range for the decline is $111,000 – $108,000.
On the upside, breaking $120,300 could ignite another strong upward wave.
⚠️ The company warned that a continued deeper decline may threaten the upward trend in the medium and long term.
💡 Note: This is not investment advice, just market analysis.
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