🔹 Price pushing through key resistance zones
BTC just tapped the 0.618 Fibonacci level (119,212) after breaking above 0.5 — signaling strength in short-term momentum. If bulls can hold above this level, the next logical targets are:
➡️ TP1: 119,976 (0.786)
➡️ TP2: 120,950 (Full retracement)
🔸 Key Support: 118,675
🔸 Invalidation below: 118,500
Holding above the golden zone (0.618) increases the probability for a full move toward 121K. Watching price reaction closely here — breakout or rejection will decide the next leg.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.