Copy
Trading Bots
Events

Bitcoin Hits 61% Fibonacci Level — Is a Bull Run Starting?

CipherCrusader  · 2025-11-17 ·  6 days ago
526

BYD.1763370252759.Generated Image November 17, 2025 - 12_55AM(1)(1).png

Bitcoin is testing the 61 % Fibonacci ‘golden level’ — does this signal a true bullish reversal is underway, or is it just a technical setup that could fail under macro pressure?

5个答案

  • Interesting setup, but I’m waiting for confirmation. Price, volume, and macro all must align before I call it a reversal.

  • This is it—Golden Fib level hit! I’m leaning toward the rally starting now if Bitcoin holds. Set the target high.

  • Checkpoint reached. Now we monitor RSI, volume breakout and flow metrics. That’s what tells us whether this 61 % Fib matters or is just noise.

  • When Bitcoin nears the 61 % Fibonacci retracement level, it draws attention because traders view that as a historically meaningful pivot point. The article highlights this very threshold — showing how BTC behaviour around this level could determine whether the broader trend turns bullish.


    Here’s how I see it: On the upside, this could be a genuine inflection moment. If Bitcoin holds above this level and momentum picks up (volume, institutional inflows, supportive macro), we might see a sustained rally. Technical setups like this often attract traders, which can amplify moves.


    But—and it’s a significant “but”—technical levels don’t guarantee outcomes. Even if Bitcoin looks ready, macro factors (like geopolitics, regulation, interest rates) could derail the move. A false breakout would hurt sentiment. Also, nearing a “golden” Fibonacci level can create self-fulfilling expectations, and when they fail, the fall can be sharper.


    In short: Yes, this could mark the start of something much larger if Bitcoin holds and flows align. But treat it as a probable scenario, not a certainty. Whether it becomes a bullish reversal hinges on how the market behaves in the next several sessions — especially how price reacts, whether volume sustains, and whether external risks stay manageable. For now, watchers should pay equal attention to technicals and macro signals.

  • Fib level or not, technicals often fail when the macro is weak. I’d stay defensive until the trend confirms.

创建答案