BTCUSDT – Shallow Pullback Holding | 1.618 Extension in Sight

Bitcoin made a strong move from 73K to 106K, setting a new high after months of sideways action. Since then, we’ve seen a pullback, but it's been controlled. The retracement has landed right on the 0.236 Fib level, around 75.4K — and price is starting to base above it.

That’s often a sign of bullish strength. Shallow retracements like this can fuel the next leg up.

🔹 Short-Term Fib (Blue)
This Fib is drawn from the recent move:
73K (0) → 106K (1)

Key level:

0.236: 75,409 → currently acting as support

1.618 extension: 139,977 → potential next target if the uptrend continues

So far, price is respecting the structure.

🟡 Macro Fib (Yellow)
Drawn from a larger swing:
39.5K (0) → 73K (1)
That move already completed and topped out near the 1.618 extension at ~106.7K — which lined up closely with the current ATH. It’s not active anymore, but it gives important historical context.

🎯 What I’m Watching:
Holding above 75K keeps bulls in control

Breakout above 95K could send price back to test ATH at 106K

If momentum builds, 139K (blue 1.618) becomes the next technical target

Drop below 73K? Structure breaks, and we reassess the trend

📌 Final Take:
BTC is holding strong where it needs to. It’s not moon-mode yet, but the structure favors continuation. As long as the 75K area holds, I’m leaning bullish — targeting a breakout toward 106K and possibly 139K.

Let’s see if Bitcoin’s got another leg in it.
Thoughts? Long or waiting on a dip? 👇