@ImpossibleAnalysis
YouTube
Avg. Quality
69
Success Rate
14.78
Analysis
115
Correct
17
Fail
71
Pending
27
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
BTCUSDT
Long Entry
68,800.7000
2026-04-06
01:44 UTC
Target
80,000.0000
Fail
65,000.0000
Risk/Reward
1 : 3
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Bitcoin is currently in a downtrend, but there is a bullish ascending channel forming on the 4H chart. The 0.382 Fibonacci retracement level is at approximately $80,000, and the 0.618 level is at approximately $65,000. If Bitcoin can hold above the ascending channel and the 0.618 Fibonacci level, it could retest $80,000. However, a break below the ascending channel and $65,000 could lead to a further decline to $52,000 or even $43,000.
