Bitcoin Bounce or Breakdown? Watch These Key RSI + Fib Levels Th

Bitcoin Bounce or Breakdown? Watch These Key RSI + Fib Levels This Week ₿⚠

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Bitcoin has pulled back from the 85,000–86,000 zone and is now hovering near the 23.6% Fibonacci retracement level. Using AutoFibGauge, QMA, and RSI, I’ve mapped out the key zones to watch for this week.

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Key Levels from the Chart:
• 86,909 – 100% (swing high)
• 85,696 – 61.8% Fib
• 83,992 – 38.2% Fib
• 82,093 – 23.6% Fib (Currently reacting here)
• 81,298 – 0% Fib (Support base)

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What I’m Watching:
• RSI is neutral (~52) but starting to tick upward — early bounce signs?
• If price holds above 82,000, we may see a move back to 83,900–85,600
• A breakdown below 81,300 could trigger deeper selling into the 80,000–78,000 zone
• QMA still shows bearish trend, so I’ll wait for structure confirmation before going long

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This setup is based on Fib structure + RSI strength + QMA confirmation — a combo I’ve found highly reliable on BTC/USD.

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