Technical analysis by jonnieking about Symbol BTC on 5/11/2025

HISTORIC Daily Close for ₿itcoin marking a new ATH 🥇Some hefty volume poured in as the Golden Cross nears.If BTC breaks down from this impulsive trend we should see a pullback to the .786 Fib ~$102k to confirm this new ATH.Bulls need the Weekly Close above $109k to prevent that.Nonetheless, this confirms the start of the parabola I’ve mentioned over the past month in my analysis 💯Next big target is the 1.618 Fib ~$130k 🤑Congrats Hodlers 🥳