The Current Most Reliable Bitcoin Supports
Discover the current credible support levels for Bitcoin, with key levels around $43,500 and $40,900. A potential retest of these supports is likely, and a breach of the Fibonacci 0 line could confirm this pattern. Anticipate a price rise based on reactions to these critical levels.
1/13/20241 min read
![Bitcoin support levels analysis - $43,500 and $40,900, Fibonacci 0 line breach confirmation, and pot](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=1018,h=586,fit=crop/mP4DRvxXEycnaE1Q/3-m6LDNvR3R0IKQGRv.png)
![Bitcoin support levels analysis - $43,500 and $40,900, Fibonacci 0 line breach confirmation, and pot](https://assets.zyrosite.com/cdn-cgi/image/format=auto,w=328,h=189,fit=crop/mP4DRvxXEycnaE1Q/3-m6LDNvR3R0IKQGRv.png)
The most credible support levels for Bitcoin at present are around the $43,500 mark, followed by the $40,900 range. There is a high probability of these two support levels being retested. It should be noted that a breach of the Fibonacci 0 line would serve as a confirmation of this pattern. Following this, we can anticipate a rise in price, contingent on the reaction to these price levels.