$BTC โ๏ธ๐ก TIME ANALYSIS โ BTC/USDT ๐
The chart shows a strong recovery structure on the Daily timeframe, with BTC trading above the 0.50 Fibonacci zone (~US$ 78,071).
๐ฏ Key points:
๐ข 0.50 Fibo: ~US$ 78,071 โ important support area.
๐ก 0.618 Fibo: ~US$ 82,767 โ first major test/resistance.
๐ฅ Breaking and confirming above US$ 82.8K opens space for the 1st Process โ ~US$ 97.97K.
๐ After that: 2nd Process โ ~US$ 108.19K.
๐ฏ 3rd Process โ ~US$ 124.56K, near the historical top marked on the chart at ~US$ 126.2K.>>>๐ฏ$162K๐๐ฅCome on, Traders๐คณ
๐ RSI ~71: elevated buying strength. This confirms momentum, but it also requires attention for a possible pullback before a new expansion.
๐ฅ My take: the scenario remains bullish as long as price defends the 0.50 Fibo region. The real expansion trigger is the recovery/breakout of the US$ 82.7Kโ83K range with volume and consistent closes.
โ ๏ธ Losing US$ 78K weakens the scenario and may trigger a correction toward lower supports.
โ๏ธ FOLLOW THE PROCESS. DONโT CHASE THE PRICE. ๐ฏ๐
๐ฅ Trader Sniper Community
๐ Follow โข Share โข Like โข Stay tuned for the next projections!
Technical analysis is not a guarantee of results. Manage your risk.
The chart shows a strong recovery structure on the Daily timeframe, with BTC trading above the 0.50 Fibonacci zone (~US$ 78,071).
๐ฏ Key points:
๐ข 0.50 Fibo: ~US$ 78,071 โ important support area.
๐ก 0.618 Fibo: ~US$ 82,767 โ first major test/resistance.
๐ฅ Breaking and confirming above US$ 82.8K opens space for the 1st Process โ ~US$ 97.97K.
๐ After that: 2nd Process โ ~US$ 108.19K.
๐ฏ 3rd Process โ ~US$ 124.56K, near the historical top marked on the chart at ~US$ 126.2K.>>>๐ฏ$162K๐๐ฅCome on, Traders๐คณ
๐ RSI ~71: elevated buying strength. This confirms momentum, but it also requires attention for a possible pullback before a new expansion.
๐ฅ My take: the scenario remains bullish as long as price defends the 0.50 Fibo region. The real expansion trigger is the recovery/breakout of the US$ 82.7Kโ83K range with volume and consistent closes.
โ ๏ธ Losing US$ 78K weakens the scenario and may trigger a correction toward lower supports.
โ๏ธ FOLLOW THE PROCESS. DONโT CHASE THE PRICE. ๐ฏ๐
๐ฅ Trader Sniper Community
๐ Follow โข Share โข Like โข Stay tuned for the next projections!
Technical analysis is not a guarantee of results. Manage your risk.
