BTCUSD Technical Setup – Fib Confluence Points Higher

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BTCUSD Technical Setup – Fib Confluence Points HigherBitcoinCRYPTO:BTCUSDProfessor-Gold-SignalsBitcoin is currently trading around the 76,100–76,200 region, holding above support and maintaining a constructive bullish tone. 🔍 Market Structure Insight (1H): On the intraday timeframe, price continues to form higher lows, indicating sustained demand and a healthy bullish structure. Pullbacks appear corrective, with buyers stepping in at key zones. 📈 Bullish Scenario: As long as price holds above the 75,600 support, BTCUSD may extend toward the 78,000 target level. Due to: = Strong underlying bullish structure (HH & HL formation) = Liquidity resting above resistance acting as a draw = Support holding as a demand zone 📉 Bearish Scenario: If price fails to hold above 75,600, it may trigger a deeper pullback as short-term momentum weakens. ⚠️ Key Levels to Watch: Resistance: 77,200 Support: 75,600 💡 Trading Idea (SMC + Fibonacci): Look for continuation setups on pullbacks into confluence zones: = Fibonacci retracement (0.5 – 0.618 zone) aligning with demand = Bullish order blocks / fair value gaps (FVG) = Break of Structure (BOS) above resistance confirming continuation Upside liquidity above 77,200 may act as a magnet, targeting the 78,000 level. This is just a personal market view based on price action, not financial advice. #BTCUSD #Bitcoin #Crypto #TradingView #SmartMoney #Fibonacci #TechnicalAnalysis