BTC Daily - Consolidating at 0.702 Fib ($94K)

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BTC Daily - Consolidating at 0.702 Fib ($94K)Bitcoin / U.S. dollarBITSTAMP:BTCUSDWavervanir_International_LLCBTC Daily - Consolidating at 0.702 Fib ($94K) Watching for direction here. Clean rejection from $119K swing high, now grinding at key fib support. Bullish scenario: Hold $94K, reclaim $107K → targets $140K+ into ascending channel resistance. Bearish scenario: Lose $94K decisively → $84K support, breakdown opens $52-59K zone (1.618 ext). Current bias: Neutral. Need to see how this $94-98K zone resolves. Structure suggests corrective wave, not trend reversal yet. Risk management > predictions. 📊 #BTC #Bitcoin #TechnicalAnalysis