BTC Entering Mark Down - Levels to Watch

Bitcoin (BTC)

News Link: Bitcoin crashes 15% to below $8,000 for first time since June

BTC broke below US$9,000 early this morning. It's expected to enter Mark Down after distribution sighted. 

Here are some of the key levels to watch for rebound (as stated on chart).

In view of key Fibonacci level 161.8%, BTC may expect retracement rally at current 8,400 level, watching for price divergence.

Disclaimer applies

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