Based on BTC daily chart, although it dips hard, but it created a higher low and is holding strong above the .5 fib level. BTC is testing its downtrend resistance currently and a green candle closed out of the downtrend resistance at 36.6k may be a good sign of a reversal trend. If BTC is rejected from its downtrend resistance, we may see a retest of support at around 34k. RSI indicating BTC is currently oversold and may reverse once there is more strength shown in the chart.
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