📉📈 Bitcoin price found support around the 61.8% Fibonacci retracement level (drawn from the April low of $74,508 to the record high of $126,199) at $106,453 on Wednesday.
🔸BTC rose 6.57% in the next four days and closed above the 50-day Exponential Moving Average (EMA) at $113,397.
🔸At the time of writing on Monday, BTC trades above $114,975, nearing the key resistance at $115,137.
🔸If BTC closes above the 78.6% Fibonacci retracement at $115,137, it could extend the rally toward the psychologically important $120,000 level.
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