Bitcoin Fails to Hold Support

Bitcoin failed to hold support and has dropped sharply past the 50% fib. Price looks headed to the 618 fib level with strong confluence with the $10,000 level and the 50 day EMA.

You can see the top 3 altcoins on the right and they are not doing any better than bitcoin.
Bitcoin (Cryptocurrency)FibonacciMoving AveragesTrend Analysis

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