BTC Weekly Structure: Fibonacci & EMA Confluence Zones

Wait 5 sec.

BTC Weekly Structure: Fibonacci & EMA Confluence ZonesBitcoin / U.S. dollarBITSTAMP:BTCUSDrahul25🔴 Major Resistance: 75K–80K...... why? (1)38.2% Fibonacci retracement zone (2) Previous support → now resistance (3) Weekly 50 EMA confluence 🟢 First Support: 60K–63K 50% ATH correction (50% of 126000) 🟢 Strong Support Cluster: 45K–50K (1) Previous Leg A and Leg B downside move (~36%) projection (2) Psychological 50K level (3) Weekly 100 EMA (4) Previous swing low support 👉 This zone could become a potential long-term accumulation area if Price Reach After a strong impulsive decline, Bitcoin is now reacting inside a broader corrective phase. At this stage, price is approaching important confluence zones where structure, Fibonacci, and weekly EMAs are aligning. These levels could determine whether BTC stabilizes — or continues lower.