Mark swing highs and lows first. Draw Fibonacci from the last impulse; the 0.5–0.618 zone that overlaps a trendline is the area to watch for continuation.
BTCUSD is trading near 82,497.00 after a +0.79% week. Bias is short while price holds below 86,485.63. First target 74,519.74; invalidation on a M15 close beyond the stop. Day range 82,010.58 – 82,817.10.
BTCUSD is trading near 82,497.00 after a +0.79% week. Bias is long while price holds above 80,139.10. First target 87,212.79; invalidation on a M15 close beyond the stop. Day range 82,010.58 – 82,817.10.