The weekly chart is showing some tension right now. BITF got rejected at the Bull Market Support Band—not ideal, but here's the thing: it's still holding above the 0.618 log Fibonacci level sitting around $2.30. That's the key line.
If we lose that 0.618 support, things get interesting. The next target would be another touch of the horizontal support zone. Worth monitoring closely on the weekly timeframe.
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GetRichLeek
· 20h ago
0.618 is broken, and we're truly doomed. I bet we can hold this time. The bottom-fishing opportunity has arrived.
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GigaBrainAnon
· 12-29 00:47
As long as 0.618 is not broken, there is still hope; breaking it is the true test.
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LuckyBearDrawer
· 12-28 12:25
Can this 2.3 level hold? It feels like a gamble.
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GateUser-cff9c776
· 12-27 22:00
Playing Schrödinger's support level again at 0.618, this is the beauty of Web3.
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WenMoon
· 12-27 22:00
Can this 2.3 level hold? Feels very uncertain.
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WealthCoffee
· 12-27 21:58
Is this 2.30 line really unbreakable? It feels like BITF has been repeatedly testing it recently.
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MeaninglessGwei
· 12-27 21:50
0.618 has crashed again. Is this really the end of the line this time?
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LiquidityWitch
· 12-27 21:42
This 2.30 level really needs to be held; once it breaks, it will be troublesome.
BITF Weekly: Watching the Support Levels
The weekly chart is showing some tension right now. BITF got rejected at the Bull Market Support Band—not ideal, but here's the thing: it's still holding above the 0.618 log Fibonacci level sitting around $2.30. That's the key line.
If we lose that 0.618 support, things get interesting. The next target would be another touch of the horizontal support zone. Worth monitoring closely on the weekly timeframe.