Bitcoin / TetherUS
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BTC backs to Fibonacci 0.5 at to $53,300? Even lower?

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We saw BTC touched Resistance level at $66.5K and moving back.
Right now, it is moving around Fibo 0.236 ($60.5K).

The down trend will be confirmed when D1 closes below $59k. When this happens, the next target should be Fibo 0.5 ($53.3K) or even Fibo 0.618 ($50K).

What do you think?

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