BTCUSDT : Cup Formation and Fibonacci Targets**

#BTCUSDT. #Binance #Bullish2025 #BinanceSquareFamily #BinanceEverywhere

In the BTCUSDT chart, we observe a potential cup formation. However, the key targets for Bitcoin’s price movement are set based on Fibonacci levels, which provide a more structured approach for gauging future price action.

Fibonacci Targets :

- First Target: 61.8% retracement level

- Second Target: 78.6% retracement level

These Fibonacci levels indicate critical zones for potential bullish momentum.

Cup Formation :

The cup formation hints at a possible breakout. If confirmed, this could align with Fibonacci-based targets, supporting a strong bullish move.

Conclusion :

Despite the cup formation, traders should rely on Fibonacci retracement levels for more accurate targets. A breakout from the cup pattern, combined with Fibonacci insights, strengthens the potential for upward movement.

Advice for Traders and Investors :

- Focus on Fibonacci levels to set realistic targets.

- Confirm the cup formation breakout before entering trades.

- Manage risk by placing stop-loss orders below key support levels.