Bitcoin has Dropped Perfectly to Our Support, Prepare for Bounce
Bitcoin has dropped completely flawlessly to our major support level as expected. We now observe our first significant help at 8890 (Multiple ABC Fibonacci extension , horizontal swing low support) and a solid bounce could happen at this level to push cost up to no less than 11970 protection ( Fibonacci retracement , horizontal swing high resistance).
Stochastic (34,5,3) is seeing major support above 7.7% .
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This Analysis is provided as ( General Market Commentary ) and does not Constitute investment Advice.
