🚨 $BTC Update – What's Next? 🚨
#bitcoin just made a solid move to the upside, now testing key levels:
🔹 0.618 Fibonacci retracement 🔹 50 EMA on the Daily Chart
◻️ These are prime reversal zones, and BTC has taken out downside liquidity – classic setup before hunting for liquidity to the upside. We're also forming a falling wedge, a historically bullish pattern. 📈
But here's the real deal:
📍 $105K is the level that matters
It’s the “door to the highs.”
✅ If BTC reclaims and holds above 105K, bulls are clearly back in control – we could see a continuation of the uptrend.
❌ If BTC gets rejected below 105K, it signals profit-taking and possible downside to reload lower.
- Patience and confirmation are key. Eyes on 105K 👀
❤️ Follow and Like for more trading setups and market updates ♥️
