BTCUSD is trading near 81,458.01 after a -2.06% week. Bias is long while price holds above 79,129.81. First target 86,114.41; invalidation on a M15 close beyond the stop. Day range 81,200.00 – 82,272.06.
BTCUSD is trading near 81,458.01 after a -2.06% week. Bias is short while price holds below 85,396.40. First target 73,581.22; invalidation on a M15 close beyond the stop. Day range 81,200.00 – 82,272.06.
Mark swing highs and lows first. Draw Fibonacci from the last impulse; the 0.5–0.618 zone that overlaps a trendline is the area to watch for continuation.