Price action is just above the 50 Day MA now at $95k and by a whisker just below the 2.618 Fib and also the channel trend line.
We know how important the 50 Day MA is for a trend and so far it has been tested 4 times now and it has not been lost, bulls are stepping in but they must continue
Higher lows are still being observed too.
As long as the 50 Day MA is held then $BTC can move higher again, otherwise the White Fib levels are as shown.
Janko
2024-12-26 15:06:06 +0000 UTC