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$BTC Getting past this area brings selling pressure. In the 4-hour time frame, it does not close below the 78203 level. For now, it is on hold.
If it stays below 78203, the decline will continue. In the decline, as we approach the 74929 bottom, there is a possibility that buyers will come in.
If it cannot recover here as well, the decline will deepen even further.
The 71,000-68,000 zone is a Fibonacci support level; buyers may come in in this zone.
In an upward move, we will monitor the resistance levels at 98000-109-107 thousand. If it reaches the 109-107 thousand zone, this will be an important resistance.
If it cannot stay above the most recent peak of 126199, there could be another drop.
In declines, the 60,000 level is important. If there is a daily close below it, sellers will gain even more strength, and the decline will deepen further.