$BTC is Back on 68k after hitting the most Crucial support 60k.
‼️Now need a Spark from the
#BULLS to close this week above 75k. 😇
✨ Next Main Resistance to Cross to Confirm Reversal :
👉 Immediate/Short-Term Confirmation:
$69,415-$69,738 (78.6% Fib of recent drop + recent 24h high). Breaking this with volume could target $71,979 (previous high, 100% Fib), confirming a short-term trend reversal and potentially sparking a squeeze.
👉 Broader Confirmation:
$75,623 (23.6% Fib of major drop). Crossing this on weekly close would invalidate the downtrend, shifting to bullish with targets at $85,288 (38.2% Fib) or higher.
Watch for resistance at $70,000 psychological level en route.
Monitor for pullbacks to $66,000 (50% Fib/near MB) as re-entry zones.
Let’s More Power to the BULLS & Prays The Market hear some Good news ASAP.
‼️ Today The Michigan Consumer Sentiment Preliminary came out 57.3 Which as Bullish for the Market ‼️
Next important event is on 11 Feb ( Non Farm Payrolls & Unemployment Rate ).
#Write2Earn #MarketCorrection #Whale.Alert $ETH $BNB