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Bitcoin ( BTC ) KEY Support Level : 8215

Short
BYBIT:BTCUSD   None
Bitcoin ( BTC ) has a key support area at 8215. This Fib is started all the way from ATH's down to when we reached 3k. If you are short on a swing trade, you don't have anything to worry about. If you are scalping, I would recommend selling your stack here, to prevent losing any off of a potential bounce. Just to add on to reassure bears though, we have dipped below the 200 EMA on the daily, and of course we still had rejection on the 200 MA. Things are still looking great for the gains!!! Happy Trading!

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