We are at a first resistance zone from where we could see price go lower one more time to around 7500 as first support.
Next level of resistance is around 8700.
Check previous Bitcoin posts for longer term view.
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Looks like we're still in wave 4, playing out as a WXY correction
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Bitcoin - Going lower as expected but let's see if this support will hold or not. But remember, in the end, we're still expecting price to go down around 7.5K.