$BTC Two Fibonacci levels I'm watching closely. 👀 Bitcoin is approaching a critical area on the daily chart. What makes these levels particularly interesting is the confluence between Fibonacci retracement levels and historical support/resistance. 📍 0.5 Fibonacci — Around $72K–$73K A key level where price has reacted multiple times in the past. Buyers need to defend this area. 📍 0.75 Fibonacci — Around $64K–$65K If the first level fails, this becomes my next major area of interest. It also aligns with a strong historical support/resistance zone. When Fibonacci levels line up with previous market structure, I pay extra attention. But remember, confluence doesn't guarantee a reversal. I'll be watching for liquidity sweeps, strong reactions, and market structure shifts before considering any entries. Two important levels. No predictions. Just preparation. #BTC #Bitcoin #CryptoTrading #TechnicalAnalysis
Haxx3r3nShare
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.