#BTC - The Story with Fib 1.272 ($103,500)
⚪️Next Targets:
🎯$127K-$130K
🎯$155K-$170K
In both scenarios, we could see a crash. Let me explain the measured moves.

However, we need to note that #BTC bulls are not confirming Fib 1.272 as solid support. If it’s lost, it could favor the bears, potentially shifting the entire cycle downward. This may lead us to retest Fib 1 or fill the CME gap, which ranges from $77K-$80K and possibly even down to the $70K region.

⚪️Now, Let’s Zoom In:
 ☑️Scenario A - Cup & Handle Formation:
 ◽️Formation: #BTC is forming a bullish continuation pattern around Fib 1.272.
◽️Bulls' Break: A successful break through this Fib target will confirm it as solid support.
◽️Measured Move C&H: The target for this cup and handle pattern is around $127K-$130K (Fib 1.414).
◽️Potential Outcome: After reaching this target, a crash may occur, marking the end of the cycle. 
 ☑️Scenario B - #Bullish Pennant
 ◽️Formation: While not a perfect setup, #BTC is showing potential for a bullish pennant.
◽️TA Reliability: Technical analysis formations don’t need to be 100% accurate; a reliability of 80% or higher is acceptable.
◽️Measured Move: The target for this pennant is approximately $155K to Fib 1.618.
◽️Extension Target:  A possibility of extending to Fib 1.618 ($175K) which has been my cycle target for years. then a crash may occur, marking the end of the cycle.
#BTC #BTC #BTC #Bullish #BTC