Bitcoin’s Wild Ride: Will It Soar to $100K or Just Fizzle Out? 🤔💰
Now, if we take a gander at the Fibonacci retracement levels, we find some key resistance areas. The 1.618 level at $85,939 is acting like a stubborn mule, refusing to budge. If BTC can manage to stay above this level, the next targets would be the 2.618 ($88,023), 3.618 ($90,107), and 4.236 ($91,395) extensions. It’s like a game of hopscotch, but with a lot more zeros involved!