Bitcoin: ⬇️ Sell
– Bitcoin reversed from resistance area
– Likely to fall to support level 87330.00
Bitcoin cryptocurrency recently reversed down from the resistance area between the pivotal resistance level 93285.00 (which has been reversing the price from November) and the upper daily Bollinger Band.
This resistance area was further strengthened by the 50% Fibonacci correction of the downward impulse from last month.
Bitcoin cryptocurrency can be expected to fall to the next support level 87330.00 (which reversed the earlier wave ii).
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