$BTC 74929 Reactions came in on the Dibi. There was no strong upward movement.


We are also monitoring the formation of the Obo, it seems like an upward move is coming to make the last shoulder.
When support is broken in the formations at the top, a decline as deep as the head can occur.
The upward reaction may continue towards 79,000-80,000. Or the strength of the rise may exhaust, leading to an earlier decline. If it does not stay above the 82,885 peak, the possibility of a decline continues.
If a close occurs below the 74,929 bottom, the decline will deepen further and the Obo will activate.
The 71,000-68,000 region is a Fibonacci support level. It is a zone where buyers may come in. When buyers strengthen, a rebound may occur.
In the upward movement, we will follow resistance levels at 98,000-109,000-107,000. If it reaches the 109,000-107,000 zone, this will be an important resistance.
If it cannot stay above the recent peak of 126,199, there may be another decline.
In deep declines, the 60,000 level is significant.
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