$BTC Positive news regarding peace talks has come out. However, no clear agreement has been reached yet.

Of course, the positive news has stabilized the market a bit, but the critical levels have not been broken.
We were tracking the 78213 top, but if this top is broken, there is a possibility that a Libra formation will form instead of an OBO structure. It is the reversal zone of the formation, and it also corresponds to the 0.618 Fibonacci FI.b level at 79470. If there is a closing above 82885, the formation will be invalidated. The first target of the formation is 74220, and the next targets are in the 71–67 thousand range.
This area is a Fibonacci support level and a zone where buyers may come in. When buyers gain strength, another upward move could occur.
In the rally, we will follow the resistance levels in the 98,000–109,000–107,000 range. If price reaches the 109–107 thousand zone, this will become an important resistance.
If it cannot stay above the most recent high of 126199, another decline could occur.
In deep drawdowns, the 60,000 level is important.