Here are 3 key levels of Bitcoin's decline:

1) The first zone is 61,000 - this is where the big support line + 0.5 Fibonacci line is located.

2) The second zone is 59,000 - it can be reached in case of a breakthrough of the previous level.

3) The third zone is 57,000 - is the most dangerous because if it is broken, the market could fall even more.

So far it doesn't look too bad and I don't think we'll go below 60,000. In the extreme case, it would be good to touch the first line, as the moving average is located in that area (MA200), and then expect a reaction from it.

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