**BTCUSDT Analysis Update 🚀**
**🔑 Key Observations**:
- Bitcoin is currently facing resistance at the Fibonacci extension level of the previous **All-Time High (ATH)**.
- The next significant Fibonacci extension level is at **$72,595**, which may act as the new target for bullish momentum.
**📈 Market Outlook**:
- If the current resistance is broken, it could pave the way for a move towards the **$72,595 level** ahead of the halving.
- The influx of volume from ETFs could support this upward movement, potentially leading to a new ATH.
**🔎 What to Consider**:
- It’s crucial to observe how the price behaves at this fib extension resistance, as a strong break above could confirm further bullish potential.
- Watch for consolidation or pullback at the current level which could indicate that the market is not yet ready to push to the new target