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Technical analysis by Chris4XTrading about Symbol BTC: Buy recommendation (6 hour ago)

https://sahmeto.com/message/3642459
Chris4XTrading
Chris4XTrading
Rank: 5172
1.7
Buy،Technical،Chris4XTrading

Continuing the current upwards trajectory, using Fibonacci trend analysis, we'll reach BTC's peak for 2025 @ 130-135k within the next few months. By the end of the month / beginning of 2026, BTC will be back to 100k - this is where this strategy begins. Enter @ 100k between the 78.6% and 100% Fibonacci levels, setting a comfortable SL down to the 61.8% Fibonacci level @ 80k. Over the course of 3-6 months we'll then reach the first peak of 2026 at the 178.6% level @ 150-160k . Close. From this point, timelines rely purely on consistency, however considering Bitcoin's adoption and rate of growth, an upwards trend is guaranteed. We wait for price retraction down to 120-125k near the lower 127.2% Fib level and enter. SL down at 100% Fib level @ 100-105k. Next peak for 2026 is 170k and above , possibly creating a top @ 200k.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Price at Publish Time:
$117,094.68
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