$BTC It continues to move within the 74920-78213 levels in an uptrend.


If it breaks the 78213 peak, there is a possibility that a Libra formation will form instead of an OBO structure. The formation’s reversal zone aligns with the 0.618 Fibonacci level at 79470. If there is a close above 82885, the formation will be invalidated. The formation’s first target is 74220, and the next targets are in the 71-67 thousand range. This zone is a Fibonacci support level and a region where buyers may step in. When buyers gain strength, a renewed uptrend may occur. If the uptrend continues, we will monitor the resistances at 98000-109-107 thousand levels. If it reaches the 109-107 thousand zone, this will be an important resistance.
If it cannot stay above the previous high of 126199, another pullback may occur.
If it closes below 74290, we will follow the Fibonacci supports in the 71-68 thousand range, where buyers may strengthen.
In deep declines, the 60000 level is important.
BTC-2.47%
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