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Cobravanguard

Bitcoin Technical Outlook (Based on Recent Observations)So far, Bitcoin has not yet completed the 3-day red candle close we've been watching. The key decision zones I previously marked—especially the 0.382 Fibonacci level at $112,890—remain unbroken. This level is critical for confirming bullish continuation. For Bitcoin to maintain its upward momentum, we need a candle close above both the decision zone and the channel's midline, as illustrated by the orange arrow I previously shared. In my view, if the $103K–$100K support zone breaks downward, we could shift into a bearish stance. This type of behavior from Bitcoin has been typical over the past 640 days.
by CobraVanguard
BTC Outlook after the Dip. What to expect NOW? As I mentioned earlier, the price has reached the bottom of the channel and completed the final bearish wave. I'm hopeful that Bitcoin will respect the technical setup and begin a bullish wave from here. !!! However, Bitcoin might surprise everyone and break the channel structure.so we need to wait for confirmation, which I believe will become clear by tomorrow. Follow us for upcoming updates and market insights. PREVIOUS ANALYSIS
CRYPTO:BTCUSD
by CobraVanguard
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