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btc price rebounded from the support level, with the 0.382 retracement level serving as a key support. it is expected that the price will remain at the current level over the next three days. if the weekly closing price exceeds 106.80 thousand, it will confirm reaching a historic high by month's end.
if 0.382 support is breached, possible direct drop to below $100k.
bias is towards new high scenario; large-scale positions are not being established before weekly close and mainly short-term trading to gain quick profits.