Jiang Zhuoer Sees BTC’s Next Support at $69,100

Jiang Zhuoer said BTC’s next support level is $69,100. According to Odaily, he said BTC had fallen below the 50% Fibonacci retracement level of its previous rally, at $72,600, and that traders should watch for a rebound before it falls to $70,000. He also said he plans to look for an opportunity to close a hedge short position opened near $73,000.