BTC Areas of Support
BTC retraced off the 1.6 Fib target level last week within ticks of the 5k handle. It is possible that a deeper retrace may ensue, understandably, as we have enjoyed a 65% rally after breaking $3,000 last month. If the 2250 support level doesn't hold I have mapped three areas of support it could test on a deeper or much deeper selloff.
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