In the last post, BTC was losing momentum with risk toward $76,107.69 and deeper support at $73,672.50 (0.786 Fib) if selling accelerated.
Price found support at the 0.618 Fibonacci retracement, which is the ORANGE horizontal level on the chart. That level held and triggered a bounce, but upside has been capped by descending resistance, keeping BTC in a tightening range.
Current structure:
Bulls defended the 0.618, but continuation requires a clean break above resistance. Until then, price remains in consolidation with expansion approaching.
Bias:
This is a decision zone. Let price confirm.
Not financial advice.
Price found support at the 0.618 Fibonacci retracement, which is the ORANGE horizontal level on the chart. That level held and triggered a bounce, but upside has been capped by descending resistance, keeping BTC in a tightening range.
Current structure:
- ORANGE horizontal support = 0.618 Fib (line in the sand)
- Descending resistance: Limiting upside momentum
- Short-term structure: Lower highs / compression
- Major demand zone: Green box below — next bullish defense if 0.618 fails
- Downside risk: Loss of 0.618 opens the door to the 0.786 Fib
Bulls defended the 0.618, but continuation requires a clean break above resistance. Until then, price remains in consolidation with expansion approaching.
Bias:
- Hold 0.618 (ORANGE) → Bullish continuation attempt
- Lose 0.618 → Pullback toward deeper Fib support
This is a decision zone. Let price confirm.
Not financial advice.
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관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.