*1. Current level* - Current price: *98,425 USDT* - BTC is down by *3.01 %* - It is below the key Fibonacci level *0.5 (100 082,93)* → short-term weakness signal.
*2. Fibonacci levels to watch* - *Resistance:* - *100 082 USDT* ( level 0.5) → hinge zone, if the price goes above = potential for rebound. - *106 251 USDT* (0.382) → next resistance. - *113 883 USDT* (0.236) → strong barrier before the peak.
- *Supports :* - *95 194 USDT* (0.618) → current zone, support test. - *85 132 USDT* (0.786) → major support in case of a breakout. - *73,945 USDT* (1.0) → last retracement support.
*3. Interpretation* - BTC is in *corrective phase* after reaching a peak of *126,199 USDT*. - The *rejection at level 0.382* and the break of *0.5* indicate a short-term bearish trend. - If the *95k–98k* zone gives way, it is likely that we will test *85k USDT*.
*4. Conclusion* - *Short term:* bearish pressure, caution if the 95k support breaks. - *Medium term:* still bullish if the supports hold (structure of higher lows/highs since 2024). - To watch: reaction around *95k–100k* for swing trade opportunities.
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$BTC the technical analysis of *BTC/USDT*
(en 3DAY Fibonacci retracement) :
*1. Current level*
- Current price: *98,425 USDT*
- BTC is down by *3.01 %*
- It is below the key Fibonacci level *0.5 (100 082,93)* → short-term weakness signal.
*2. Fibonacci levels to watch*
- *Resistance:*
- *100 082 USDT* ( level 0.5) → hinge zone, if the price goes above = potential for rebound.
- *106 251 USDT* (0.382) → next resistance.
- *113 883 USDT* (0.236) → strong barrier before the peak.
- *Supports :*
- *95 194 USDT* (0.618) → current zone, support test.
- *85 132 USDT* (0.786) → major support in case of a breakout.
- *73,945 USDT* (1.0) → last retracement support.
*3. Interpretation*
- BTC is in *corrective phase* after reaching a peak of *126,199 USDT*.
- The *rejection at level 0.382* and the break of *0.5* indicate a short-term bearish trend.
- If the *95k–98k* zone gives way, it is likely that we will test *85k USDT*.
*4. Conclusion*
- *Short term:* bearish pressure, caution if the 95k support breaks.
- *Medium term:* still bullish if the supports hold (structure of higher lows/highs since 2024).
- To watch: reaction around *95k–100k* for swing trade opportunities.
*Mohamed Ali behind the screen* ✍️✍️🧘🧘✊✊ #BitcoinPriceAnalysis #BitcoinPriceAnalysis