$BTC TOP 20
Added 2025-05-18 18:36:00 +0000 UTCThe $BTC price action has been largely unaffected by the Moody drop on Friday evening which should be a positive sign for the market as $BTC has been front running the market I believe.
Some resistance so far at the 0.9 Fib at $105k but no rejection yet and a test of the ATH level at $109k is still possible next.
I have added the smaller green fibs incase there is a higher low pull back, as we can see 5 waves now since the bounce since $74k
So a higher low to the 0.5 Fib at $90k, where the 50 and 200 Day MA are hovering will still be a bullish signal....this would also align with the $SPY also pulling back for a retest of its own 50 WMA.
Comments
So now ? We have a new ath do we need a pullback or can this rally to 123 directlg
Bercan
2025-05-22 08:06:52 +0000 UTC
