[Analyst Points Out Bitcoin May Test $76,000 if Fibonacci Support Level is Broken] Crypto analyst Daan Crypto Trades highlighted that Bitcoin is currently hovering around the key support level of the 0.382 Fibonacci retracement zone. If this level is breached, the price may test the April low of approximately $76,000 and break the long-term market structure. On Sunday evening, due to low liquidity in the weekend market, intense liquidation of long and short leverage occurred, causing Bitcoin's price to briefly drop below $88,000 before quickly rebounding above $91,500.