🔍 Bitcoin (BTC) Daily Chart Analysis – Bullish Continuation Ahead?
BTC just broke a major Fibonacci resistance at 78.6% ($120,518) and looks poised to continue its uptrend. The ABC correction appears complete, with wave B marking the bottom and a fresh impulsive leg in play. 📈
🔹 Key Fib targets ahead:
💥 $133K (100%)
🚀 $146K (123%)
🧨 $169K (161.8%)
🔹 RSI: Still below overbought but climbing – room for more upside!
🔹 Trend: Strong bullish structure with higher highs & higher lows
If BTC confirms this breakout, next stop could be $133K+ in the mid-term. Eyes on the $169K extension for the next big wave 🌊
