Bitcoin is testing the 78% retracement and looking to make a move to the channel lows at $3250 or so. The $3000 low remains the ultimate support level; if broken, we could see more long capitulation and a run towards the $2000 level.

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Bitcoin is testing the 78% retracement and looking to make a move to the channel lows at $3250 or so. The $3000 low remains the ultimate support level; if broken, we could see more long capitulation and a run towards the $2000 level.
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