Bitcoin Faces Key Test: Will It Bounce or Drop to $85K?
2024-12-27
Category: None

#Bitcoin is staying above the 0.236 Fibonacci retracement level at $94,300, with the 50-day moving average near $93,000 providing support.

If these levels hold,  CRYPTOCAP:BTC  could start moving up again toward $108,000. But if it drops below, it might fall to the 0.382 Fibonacci level at $85,600.

Watch these key levels for Bitcoin's next move!
DYOR, NFA 
#Crypto