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$BTC - Possible retracement to 94k-92k
Bitcoin / TetherUS PERPETUAL CONTRACT
$BTC - Possible retracement to 94k-92k
By Tealstreet
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8 hours ago
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8 hours ago
BTC
hit new all-time high at 97.8k
BTC
grinded up toward its 1.618 Fibonacci level, where selling pressure was absorbed.
If large sellers are going to stand, this is the key zone where it aligns with front-running the 100k ask liquidity.
If there’s no buying follow-through around 96k, we may see a test of the prior day’s POC at 94k down to the weekly POC at 92k
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