🔹 Current Price: 84,070
🔹 Key Levels:
🟢 Support: 78,189 (Fib 0.65), 72,138 (Fib 0.618)
🔴 Resistance: 97,418 (Fib 0.886), 109,609 (Fib 1.0)
🔮 Possible Scenarios:
📉 Scenario 1: Deeper Pullback Before Rally 🚀
BTC drops to the golden pocket (Fib 0.618-0.65 at 72k-78k).
Bulls step in, creating a higher low.
If confirmed, BTC pushes back to 98k and eventually towards 1.618 Fib at 175k.
🔹 Odds: 60/40
📈 Scenario 2: Immediate Rebound and Breakout 💥
BTC holds current support (~84k) and bounces.
Breaks through 97k resistance, confirming strength.
Push towards 109k, then 134k.
🔹 Odds: 40/60 (lower probability due to weak momentum signals).
⚠️ Scenario 3: Bearish Case: Break Below 72k
If BTC loses 72k, we could see 56k (Fib 0.5) tested.
Would invalidate bullish structure short-term.
🔹 Odds: 30/70
🎯 Key Watch Points:
1️⃣ Reaction at 78-72k: If buyers step in aggressively, scenario 1 is more likely.
2️⃣ Strength above 97k: If BTC reclaims this level, bulls take control.
3️⃣ Macro environment: External factors (ETF flows, Fed policy) could accelerate or delay moves.
🚀 Long-term structure remains bullish, but in short-term shakeouts are very likely.
🔹 Key Levels:
🟢 Support: 78,189 (Fib 0.65), 72,138 (Fib 0.618)
🔴 Resistance: 97,418 (Fib 0.886), 109,609 (Fib 1.0)
🔮 Possible Scenarios:
📉 Scenario 1: Deeper Pullback Before Rally 🚀
BTC drops to the golden pocket (Fib 0.618-0.65 at 72k-78k).
Bulls step in, creating a higher low.
If confirmed, BTC pushes back to 98k and eventually towards 1.618 Fib at 175k.
🔹 Odds: 60/40
📈 Scenario 2: Immediate Rebound and Breakout 💥
BTC holds current support (~84k) and bounces.
Breaks through 97k resistance, confirming strength.
Push towards 109k, then 134k.
🔹 Odds: 40/60 (lower probability due to weak momentum signals).
⚠️ Scenario 3: Bearish Case: Break Below 72k
If BTC loses 72k, we could see 56k (Fib 0.5) tested.
Would invalidate bullish structure short-term.
🔹 Odds: 30/70
🎯 Key Watch Points:
1️⃣ Reaction at 78-72k: If buyers step in aggressively, scenario 1 is more likely.
2️⃣ Strength above 97k: If BTC reclaims this level, bulls take control.
3️⃣ Macro environment: External factors (ETF flows, Fed policy) could accelerate or delay moves.
🚀 Long-term structure remains bullish, but in short-term shakeouts are very likely.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.