BTC Technical Analysis
On the BTC side, the 71,000 – 74,000 dollar range clearly stands as a critical zone. Since this band is both an area that produced strong reactions in the past and the Fibonacci 0.618 region, it acts as the main balance area.
As long as price stays above this region, the upside scenario remains intact. In this scenario, the first target is the 82,000 dollar band. If sustainability above 82,000 is achieved, the move is expected to continue toward the 91,000 dollar level.
In the downside scenario, the 71,000 dollar level is critical. If this level is lost, the structure weakens and 64,000 dollars stands out as a strong support below.
In summary;Above 71,000 – 74,000 → structure remains positiveTargets: 82,000 → 91,000Below 71,000 → 64,000 support comes into play
These analyses, which do not provide investment advice, focus on support and resistance levels that are thought to create short- and medium-term trading opportunities depending on market conditions. However, the responsibility for trading and risk management belongs entirely to the user. In addition, it is strongly recommended to use stop loss for the positions shared.
