Il y a 10 min
Bitcoin tests $68,287 0.5 Fibonacci resistance as short-term recovery extends toward upper range
Bitcoin is trading at $67,778.9 with a 1.11% gain over the past 24 hours, fluctuating between roughly $65,733 and $67,924 on the 1-day chart as it rebounds toward the top of its recent range. On the 4-hour timeframe, BTC has moved above the 0.382 Fibonacci retracement at $67,661 and is now targeting the 0.5 level at $68,287, with further resistance seen near the 0.618 retracement around $68,914. The broader trend remains under pressure with declines of 23.26% over 30 days and 41.26% over 180 days, while an ADX reading near 13 points to weak trend strength, increasing the chance of consolidation or a pullback toward $67,661 or even the 0.236 level at about $66,886 if buyers fail to secure a strong 4-hour close above the 0.5 Fib. Crypto analyst Ali Martinez has highlighted BTC's break above $67,400 as a short-term bullish sign, noting $68,900 as the next upside level, with additional resistance and targets cited at $69,800, $70,800, and a broader resistance area near $71,600.