Bitcoin on major support, potential bounce!

Bitcoin is seeing major support at 12953 (ABC Fibonacci extension, horizontal swing low support) and a strong bounce could occur at this level to push price up to at least 13753 resistance (Fibonacci retracement, breakout resistance level).

Stochastic (34,5,3) is seeing major support above 7.6% where a corresponding bounce could occur.

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