Iota/Btc has been taking a big beating in this bear market. Although its showing a 4.23 fibb ( if you dont know the importance of the 4.23 you need to look into it) I dont think it will sink that low since that will put it at 2000 sats but its always a possibility but its going to give everyone a great opportunity to get in for the next bull run. To Me it looks like it will bounce of the 3.618 fibb and thats where it will turn north which should put it at .14 cents in USD. Iota has always been one of My top coins and they have great future in the internet of things sector. As always dont rush into things and protect your crypto.
Im short on Iota in the short term sense but definitely long in the bigger scheme of things.
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