#BTC
BTC/USD Analysis Using Fibonacci 🔥
Time Frame: Daily (1D)
Current Price: $94,426
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Fibonacci Buying Strategy:
✅ First Buying Point:
Buy from Support Level 0.5 at $92,129.
🎯 Targets:
First Target: $96,290
🛑 Stop Loss:
Daily close below Support 0.5 ($92,129).
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✅ Alternative Scenario (Resistance Break):
We wait for a break above Level 0.618 at $96,290 with a full daily close above it.
🎯 Targets After Break:
First Target: $109,762
Second Target: $131,557
Third Target: $166,823
🛑 Stop Loss:
Daily close below Level 0.618 ($96,290).
Important Note ✍️
This strategy is considered strong and relies on accurate Fibonacci levels.
We will handle Bitcoin's movement precisely to ensure the best trading opportunities, God willing.
Capital management and adherence to the strategy are essential.
Note that we will track these levels every day to update the targets according to the chart.