$BTC — Fibonacci 1.618% Projection
BTC may repeat the prior cycle’s fractal: a strong impulsive leg into the 1.618 Fibonacci extension, followed by a volatile distribution phase before trend continuation.
In this cycle, price remains inside the ascending channel, and the recent pullback looks more like a fake flag (multiple flag-type structures that quickly break/recover) suggesting liquidity grabs rather than a clean trend reversal.
Fibonacci Roadmap
The primary target is the 1.618 extension (~174K), which aligns with the Fibonacci projection behavior seen in the previous cycle.
If the fractal continues, BTC could once again break out of the channel and reach that extension, with altcoins often outperforming later in the cycle (“altcoin season”).
Invalidation
A decisive break below the channel base weakens the fractal and would shift the trend outlook.
