$BTC according to analysis the 2022 low established support near the 78.6% Fibonacci retracement level, marking a significant historical bottom. Current price action indicates that this level has not yet been reached, suggesting that the market may still have room to move before testing this key support zone. The structure shows that while previous lows provided strong buying interest, momentum and trend behavior indicate potential further adjustment before revisiting that level. This is a market trend observation and analysis. It is not financial advice, and anyone who trades does so at their own risk.
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