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$BTC
It is worth noting that this specific indicator operates on pure mathematical models and does not take into account support/resistance levels. Technically, we could see BTC drop to 74k based on the calculations. But considering how accurate this thing has been historically? I am skeptical that we will actually reach this low level. My reading: it is more likely that we will look for a short-term bounce scenario happening first before any deeper moves.
#btc #BitcoinPriceWatch