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$BTC Closed below the 78213 level. Unless there is a 4-hour close above 78080, the decline may continue.
In the decline, the 71-68 bin zone is a Fibonacci support level, and it’s an area where buyers may come in.
When buyers strengthen, there may be a renewed rise.
If the upward move continues, after a close above 82885, we will monitor the resistance at 98000- 109-107 bin levels. If it reaches the 109-107 bin zone, this will be an important resistance.
If it cannot stay above the most recent peak at 126199, there may be another drop.
In deeper declines, it must hold the 60000 level; otherwise, the decline will deepen.