The price of a Bitcoin is down sharply in trading today, and has moved down to test it 100-day moving average at $66,723. The low price for the day has reached $66,529. That low is below the 100-day moving average,but still within a swing area (see green numbered circles on the chart above) between $66,343 and $67,477. Breaking below the low of that swing area would give sellers more confidence, and more control. It would open a door for further selling. The 38.2% retracement of the move-up from the January 2024 low (low for the year) comes in at $60,314. That may be a target if the support is broken and remains broken. Conversely, stay above the low of the swing area, and move above $67,47
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