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Bitcoin may drop to $48K following historical Fibonacci retracement patterns.

Technical Signals
15 Jun 2026, 00:24 WIB
Tokenpost
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Bearish
Bitcoin may drop to $48K following historical Fibonacci retracement patterns.

Bitcoin's price might decline to around $48,000 based on a long-term Fibonacci retracement analysis that has historically predicted bear market lows after major bull runs. This pattern, consistent since 2010, shows Bitcoin falling below the 61.8% retracement level after each peak, currently near $48,215 following the recent high above $126,000. However, evolving market conditions like institutional involvement and new financial products could alter this trend, so investors should remain cautious despite the historical signal.

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