Bitcoin is beginning to form early consolidation around the 0.618 Fibonacci retracement, which sits in clean technical confluence with VWAP support pulled from a key swing low. This region is now acting as a major accumulation zone, hinting at a potential pivot in momentum.
As long as BTC continues to hold above this support cluster, the structure favors a possible rotation back toward the previous highs and potentially toward a new all-time high. The $74,000 level remains a critical swing point, and maintaining this zone is essential for Bitcoin’s broader bullish market structure.
Key Points
= BTC consolidating above 0.618 Fibonacci + VWAP confluence
- Accumulation structure forming at a key swing zone
- $74,000 remains a major pivot level for trend continuation
What to Expect
If Bitcoin holds this support region, a swing-long continuation toward prior highs becomes increasingly likely. Losing the level, however, may open the door to deeper corrective structure.
As long as BTC continues to hold above this support cluster, the structure favors a possible rotation back toward the previous highs and potentially toward a new all-time high. The $74,000 level remains a critical swing point, and maintaining this zone is essential for Bitcoin’s broader bullish market structure.
Key Points
= BTC consolidating above 0.618 Fibonacci + VWAP confluence
- Accumulation structure forming at a key swing zone
- $74,000 remains a major pivot level for trend continuation
What to Expect
If Bitcoin holds this support region, a swing-long continuation toward prior highs becomes increasingly likely. Losing the level, however, may open the door to deeper corrective structure.
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Claim $1000 Deposit Bonus 🎁
Trade with perks & support the community!
partner.blofin.com/d/TheAlchemist
Stay sharp, trade smart.
— Team The Alchemist ⚔️
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
