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Bitcoin dropping strongly, potential for further drop!

2274
Bitcoin has reacted nicely from our major resistance level at 10913 (Fibonacci retracement, horizontal swing high resistance, descending resistance, ichimoku cloud resistance) and is dropping nicely towards our major support at 9179 (Fibonacci retracement, horizontal overlap support).

Stochastic (34,5,3) is seeing major resistance at 93% where a corresponding reaction could occur.

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Losses can exceed the initial investment so please ensure you fully understand the risks.

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