$BTC
Bitcoin is facing a crucial resistance level that aligns with a key Fibonacci retracement point. To break through and reach new highs, it needs to:
- *Break above the resistance:* Cleanly surpass the level and hold above it.
- *Show bullish structure:* Form higher highs and higher lows, with supporting momentum.
This is where technical analysis comes in handy, helping you make informed decisions, avoid impulsive buys, and invest strategically based on confirmation rather than speculation.#BTCUSDT