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How far can Bitcoin fall? 👇
Right now we are in an important weekly support zone, it will be difficult to break.
In case of a break, the Fibonacci levels mark two important areas:
- First barrier: 104.153$
- Second barrier: 101,705$
In the most extreme scenario, we could see 98,914$, but it is very unlikely for now.
Bitcoin remains above the August lows (107K) and the support, which is a good sign.