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

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?
22 Answer
Bitcoin touching Fibonacci like a pro. Momentum still looking spicy af. 🔥
The 61.8% Fib is a strong technical marker, but it’s not enough on its own. A real bullish reversal needs consistent buying pressure and a macro backdrop that supports risk assets. Without those confirmations, the setup is still fragile.
This "golden level" acts as a magnet for buyers, but confirmation from volume and macro indicators is essential before calling a full reversal.
The 61% Fibonacci level is a critical psychological battleground. A decisive break will confirm the bull run, but macro pressure remains the risk.
BTC at the 61% Fibonacci level is a pivotal moment—could spark a major reversal, but macro pressure still threatens the breakout.
While hitting the 61% Fibonacci level is a noteworthy technical indicator, it's essential to consider it within the larger context of market sentiment, trading volume, and macroeconomic factors. A sustained move above this level, supported by strong volume and positive sentiment, could indeed signal the beginning of a bull run. However, as always, caution is warranted in the volatile cryptocurrency market, and traders should remain vigilant for any signs of reversal or changes in market dynamics.
Technical setups like the 61.8% Fib are meaningful, but they don't operate in a vacuum. A true bullish reversal requires sustained buying pressure and supportive macro conditions to confirm the signal. Without that, it remains a setup at risk of failure.
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.
Fib level or not, technicals often fail when the macro is weak. I’d stay defensive until the trend confirms.
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