#BTC long term technical analysis. The next post will be short and medium term technical analysis. Good luck 🌟🌟

Long Term Analysis (6 Months - 1 Year and Above)

Support and Resistance Levels:

- Support: 50,000 USD (important long-term support level and 200-week moving average)

- Resistance: 85,000 USD (historical highs and strong resistance zone)

Indicators:

- RSI (14):70 is in the overbought zone, there may be a risk of a correction in the long term.

- MACD: In the strong positive zone, the long-term bullish trend continues.

- Fibonacci Retracement: Important levels between the historical low (10,000 USD) and the historical high (75,000 USD):

- 23.6%: 55,000 USD

- 38.2%: 40,000 USD

- 50%: 32,500 USD

- 61.8%: 25,000 USD

### General Comment

**Short term:**

- **Support:** 68,000 USD

- **Resistance:** 71,500 USD

- **RSI:** 65, should be watched carefully, close to the overbought zone.

**Medium Term:**

- **Support:** 65,000 USD

- **Resistance:** 75,000 USD

- **RSI:** 58, neutral to bullish in the medium term.

**Long-term:**

- **Support:** 50,000 USD

- **Resistance:** 85,000 USD

- **RSI:** 70, in the overbought zone, potential correction risk.

This analysis is not investment advice and it is important to do your own research before investing. Additionally, since market conditions and news flows are constantly changing, it will be useful to conduct regular analysis with up-to-date data.