Bitcoin has broken through the Fibonacci 0.5 level of 100,000.

But this does not mean that the trend has been overturned; it is currently approaching the Fibonacci 0.618 level of 10.2, which is a resistance at the top of the cycle.

Looking for a final entry point with a bearish outlook at the midline of the cycle, defending at 1500 points is sufficient, with the primary target focusing on 9.8.