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Bitcoin Price Hits First Fibonacci Retracement Resistance; Will Downtrend Continue?

By Brian Bollinger at 2025-04-05 02:34

Sentiment: Positive

From the All-Time High of $68,789, the Bitcoin price tumbled around 77% to reach the last swing low of $15600. However, the year 2023 brought a new recovery rally in the crypto market and surged the BTC price to the $28300 mark. Considering the overall downtrend, the recent bullish rally has managed to recover 23.6% The post Bitcoin Price Hits First Fibonacci Retracement Resistance; Will Downtrend Continue? appeared first on CoinGape. Continue reading...

Categories: Price Analysis

Tags: #Price Analysis #Bitcoin #bitcoin price prediction #United States

Source CoinGape