After a textbook V-shape recovery from the April lows, BTC has reclaimed previous resistance levels (ATH) and turned them into support. The strong bounce shows impressive momentum, and the price is respecting the ascending trendline.
Despite macroeconomic tension (e.g., Trump tariffs Europe pullback), the structure remains bullish. Current price action suggests a healthy consolidation or small pullback could lead to continuation toward the 1.618 Fibonacci extension zone (~$135k).
📌 Key Areas to Watch:
Support zones: ~$100.500k, 92k & $83k
Resistance target: 1.618 Fib near ~$135k
Structure: bullish continuation pattern forming
Will BTC follow this path? All eyes on the trendline.
Thoughts? Let me know in the comments!
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