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BTCUSD downside target 56000

On the daily chart, BTCUSD encountered resistance and fell back after rebounding to 0.618 ratio in the previous band, and the short-term bears have the upper hand. At present, we can pay attention to the resistance near 63500. If the rebound encounters resistance, we can consider shorting. Pay attention to the support near 60000 below. After breaking through, it will go to the support near 58000.
FibonacciSupport and ResistanceTrend Analysis

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