BTC Near $60K Confluence Zone: 200-Week MA + Golden Ratio

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BTC Near $60K Confluence Zone: 200-Week MA + Golden RatioBitcoin / US DollarCOINBASE:BTCUSDsourena_58Bitcoin is approaching its 200-week moving average around the $60,000 level. At the same time, the 0.618 Fibonacci retracement aligns in this zone. Confluence like this often marks major bottoms. In my view, BTC is getting close to its cycle low — and we could see a strong rebound from the $60K area in the coming months. #Bitcoin #BTC #Crypto #TechnicalAnalysis