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The BTC daily chart yesterday fell from a high of around 113950 to a low of around 107400, closing around 108250. The support level is around 107050; if it breaks, we could see a drop to around 105250. A pullback can be used to enter long positions nearby. The resistance level is around 109550; if it breaks, we could see a rise towards MA14. A rebound to nearby levels can be used to enter short positions. MACD shows a decrease in short positions. On the four-hour chart, the support level is around 107150; if it breaks, we could see a drop to around 106350. A pullback can be used to enter long positions nearby. The resistance level is near the MA7 moving average; if it breaks, we could see a rise towards MA60. A rebound to nearby levels can be used to enter short positions. MACD shows an increase in short positions, forming a death cross $BTC .

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