Bitcoin Reacting Perfectly to Fibonacci Levels!
Check out this BTC/USDT weekly chart — a textbook reaction at the 0.618 retracement level.
After a major move up, price pulled back and found strong support right around $37,744, which aligns almost exactly with the 0.618 Fibonacci level. From there, bulls stepped in hard, pushing the price back toward new highs.
Now it’s flirting with the 0.618 extension at ~$109,805, showing how precise Fibonacci levels can be in both retracements and extensions.
Fibonacci levels = Powerful trading tool!
Chart speaks for itself —
Zoom in and see how price respects these levels like magnets.
#Bitcoin #BTCUSDT #FibonacciTrading #TechnicalAnalysis #CryptoCharts #BTC #CryptoTA
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