On the $BTC chart, there are increasingly more arguments suggesting the possibility of a deeper correction.

๐Ÿ“Œ In the previous post (on platform X), I pointed out the key levels:

โ€“ ๐ŸŽฏ Luka CME + 0.382 FIBO: around 114,300 USD

โ€“ ๐ŸŸก Golden Pocket (0.618โ€“0.65 FIBO): range 109,200 โ€“ 106,900 USD

๐Ÿงฉ Today, another strong technical signal arises:

๐Ÿ“‰ Breakdown from the symmetrical triangle on the daily timeframe.

๐Ÿ“ The range of this formation (blue line) falls in the area of ~109,200 USD โ€“ which practically perfectly aligns with the previously mentioned GP + EMA50 zone.

๐Ÿง  This is an important technical confluence:

โ€“ gap to close,

โ€“ FIBO support,

โ€“ EMA 50,

โ€“ range of the formation.

๐Ÿ“Š The market is approaching a very important decision area โ€“ it's worth closely observing the price reaction in this zone.

๐Ÿ“Š You can track the Bitcoin chart on the #Binance exchange: [link to Binance exchange]

๐Ÿ’ฌ What do you think? Is this just a healthy correction in the trend, or the beginning of something larger? ๐Ÿ‘€

๐Ÿ”” Let me know in the comments if you're watching these levels โ€“ and if you want more updates like this, save and share ๐Ÿ”

โš ๏ธ This is not investment advice. The above entry is my subjective analysis of the BTC market โ€“ remember to always make investment decisions independently, based on your own research.

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