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🔴 Bitcoin is approaching support at $85,300
It is a level that is approximately –32% from the highest peak… the same percentage of correction that occurred in the previous movement.
If the scenario repeats with the same behavior, we are likely to see a weekly close in the nineties, and this is what I personally observe as a signal of stability and a new trend.
The market repeats itself... but not at the same timing, the important thing is to observe the behavior of #Bitcoin at support, not to rush.