Bitcoin Price Action Update
Bitcoin has slipped below a crucial support zone, leading to a swift decline, just as anticipated. The price is now retesting a key resistance area.
The critical level to reclaim is between $106,700 and $107,100. Holding above this zone is essential for a potential bullish reversal. If not, we could see further downward movement in the short term.
Investors and traders should stay alert and monitor this level closely. Volatility remains high.
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Do you think Bitcoin will:
Reclaim level & bounce back
Face rejection & drop further
Consolidate sideways for now
Hard to predict, too volatile
1 day(s) left