🚨 BTC’s smashed right past the last bull trap before the bottom, innit! 🚨
Price is squeezing outta that range that held above $57.8k for weeks, mate
That breakout looks proper strong on the surface, no cap
But the real level to keep your eyes peeled for sits higher, between $69.8k and $72.8k.
That's the 0.5 to 0.618 retracement zone—exact spot where these relief rallies tend to go belly up
If price taps that zone and gets knocked back, that $57.8k range support is gonner next
From there, the mid-term target sits right at $50k, simple as
I’ve been knockin' about in these cycles long enough to know what’s what, trust me ↩️
$BTC
$ETH
$SOL
Price is squeezing outta that range that held above $57.8k for weeks, mate
That breakout looks proper strong on the surface, no cap
But the real level to keep your eyes peeled for sits higher, between $69.8k and $72.8k.
That's the 0.5 to 0.618 retracement zone—exact spot where these relief rallies tend to go belly up
If price taps that zone and gets knocked back, that $57.8k range support is gonner next
From there, the mid-term target sits right at $50k, simple as
I’ve been knockin' about in these cycles long enough to know what’s what, trust me ↩️
$BTC
$ETH
$SOL