BTCUSD Monthly Outlook -Potential Pullback - 0.618 B4 Major Move🔴This analysis is based on the Monthly timeframe, with Fibonacci drawn from the recent swing high to the current low.
The price is currently in a corrective phase, and based on its structure and Fibonacci alignment, there is a high probability of a retracement toward the 0.618 level before the next major directional move.
📊 Key Levels & Expectations
0.618 Fibonacci zone: 105,400 – 105,800
This zone aligns with a strong historical resistance/supply area
Price may attempt a corrective pullback into this region (marked with the small red arrow)
This move should be viewed as a retracement, rather than a trend reversal.
⚠️ High-Risk Area – Not a Buy Zone
Even if the price reaches the 0.618 resistance zone, the overall structure remains weak unless there is: a strong bullish monthly close, Clear volume expansion, and acceptance above the resistance. Without these confirmations, the 0.618 zone is expected to act as a sell-on-strength area.
🩸 Downside Scenario
If rejection occurs from 105.4K – 105.8K, a larger downside move (marked by the big red arrow) becomes highly probable.
Key support to watch:
81,100 – 83,500 (critical structure support)
A break and close below this zone can accelerate bearish momentum.
🧠 Trading Perspective
This is a patience-based market:
Short-term upside is possible
But risk remains elevated
A safer approach is waiting for confirmation at key levels
📌 This idea is shared for educational and market-structure discussion only.
🔔 Note
I’ll be actively sharing structured, level-based BTC analysis here going forward.
Follow if you prefer probability-based setups over emotional bias.
