📊 Analyze BTC/USDT ✍️
Bitcoin has just rejected at the resistance level of $71,500, a zone defined by the Fibonacci retracement.
👉 If this rejection is confirmed, a return below 60,000 $ is possible, with the main objective being the support at $57,800, a probable liquidity zone.
🔄 Bullish scenario:
A rebound above the current levels followed by a clear break of $71,500 $ would allow for the consideration of a continuation of the movement towards the second resistance located around $84,300.
⚠️ Bearish scenario:
In case of a confirmed rejection and a sustained drop below $60,000, altcoins could face significant pressure, as often seen in this type of configuration.
📌 The market remains technical and very sensitive to key levels.
Risk management is essential.
✍️📈
Bitcoin has just rejected at the resistance level of $71,500, a zone defined by the Fibonacci retracement.
👉 If this rejection is confirmed, a return below 60,000 $ is possible, with the main objective being the support at $57,800, a probable liquidity zone.
🔄 Bullish scenario:
A rebound above the current levels followed by a clear break of $71,500 $ would allow for the consideration of a continuation of the movement towards the second resistance located around $84,300.
⚠️ Bearish scenario:
In case of a confirmed rejection and a sustained drop below $60,000, altcoins could face significant pressure, as often seen in this type of configuration.
📌 The market remains technical and very sensitive to key levels.
Risk management is essential.
✍️📈