Bitcoin BTC Bullish Structure Break with Key 61.8 Level in Focus

4 giorni fa

Bitcoin is showing early signs of strength, with a clear bullish shift in structure on the 30-minute timeframe 🚀. With that momentum coming in, the main level to watch now is the 61.8% Fibonacci retracement of the current price swing.

A potential buy setup becomes valid only if price pulls back and holds above the 61.8 level 🔥. Holding this zone would signal that buyers are stepping in and maintaining control of the move. If price respects this level and continues to break structure to the upside, the bullish continuation becomes much more probable.

If Bitcoin breaks below the 61.8 retracement, the idea is invalidated and should be abandoned. At that point, momentum would no longer support the long bias ⚠️.

Not financial advice.

3 giorni fa

Ordine annullato

BTC failed to hold at the 61.8 Fibo level so no trade