#btc $BTC To simplify what’s happening with Bitcoin: It bottomed at 15,700, then rose and broke the previous high that formed the bottom. Afterward, it retraced to the 50% Fibonacci level, then resumed its upward trend and made a series of higher highs. The same scenario is unfolding in 2026: It has broken the previous high that formed the bottom, reached the 0.382 Fibonacci retracement level, and now has room to test the 50% Fibonacci level—a perfectly normal and healthy retracement for any upward wave originating from the $57K zone. What’s happening right now is entirely natural and healthy for the market according to classical technical analysis. Stay well 🌹
Dr. Chart MAZEN⭐️Share

Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.