📈 $BTC DAILY UPDATE

1H Timeframe

Although price did not hit the 0,618 fibonacci level i marked, but it did bounce off strongly from the green support zone.

This move up is a very good signal, as price has managed to break above its bearish trendline.

From here, i expect the next move to be a local top forming, with price heading down towards the 0,618 fibonacci area and previous bearish trendline area, setting up for a solid retest play.

BTCUSDT

Διην.

69,475.7

+0.63%