🚨 #SPOT #Crypto

Friends, the king's picture cannot be drawn, but I will try to explain it as best I can. #BTC is currently trading at $95,218 and has taken a breather after its previous peaks. The chart says that the price may make a "retest" to the 92,080 level. It overlaps with the Fibonacci 0.618 correction level and draws attention as a strong support area. If this area is maintained, we can expect it to return to the fields and run to new targets.

Targets

Support (Fibonacci 0.618 - Retest Point): 92.080

Target 1: 104.000

Target 2: 111.050

Target 3: 118.150

The Fibonacci 0.618 level (92.080) is generally known as the golden ratio and is considered one of the strongest turning points of corrections in the market. This is an area where Buyers can concentrate and if the price reacts upwards from here, the levels 0.382 (104.000) and 0.236 (111.050) can be our first targets, respectively.

If the level 92.080 works as a strong support, the king is expected to rise towards the levels 104.000, 111.050 and 118.150, respectively.

In order for the rise to be permanent, it is essential to closely follow these two factors, volume and momentum.