#Bitcoin The target of the H&S pattern formed during the recent drop on the daily chart has been reached, and
$BTC formed a strong bottom around $85,200, which corresponds to the Fib 0.786 level of the April–October rally. Since the price dipped into this region twice and bounced back sharply, this area appears to be the main support in the mid-term. With the buying momentum from this level, BTC rose above $91,000, which corresponds to the Fib 0.144 level based on the recent downtrend, and is now consolidating sideways around this region. The first significant resistance on continued reaction