On the $BTC chart, there are increasingly more arguments suggesting the possibility of a deeper correction.
📌 In the previous post (on platform X), I pointed out the key levels:
– 🎯 Luka CME + 0.382 FIBO: around 114,300 USD
– 🟡 Golden Pocket (0.618–0.65 FIBO): range 109,200 – 106,900 USD
🧩 Today, another strong technical signal arises:
📉 Breakdown from the symmetrical triangle on the daily timeframe.
📏 The range of this formation (blue line) falls in the area of ~109,200 USD – which practically perfectly aligns with the previously mentioned GP + EMA50 zone.
🧠 This is an important technical confluence:
– gap to close,
– FIBO support,
– EMA 50,
– range of the formation.
📊 The market is approaching a very important decision area – it's worth closely observing the price reaction in this zone.
📊 You can track the Bitcoin chart on the #Binance exchange: [link to Binance exchange]
💬 What do you think? Is this just a healthy correction in the trend, or the beginning of something larger? 👀
🔔 Let me know in the comments if you're watching these levels – and if you want more updates like this, save and share 🔁
⚠️ This is not investment advice. The above entry is my subjective analysis of the BTC market – remember to always make investment decisions independently, based on your own research.
🤜🤛