$BITF Weekly Technical Update

Last week delivered exactly what bulls needed—the 0.618 log Fibonacci level held strong as support, confirming another successful retest. From $0.70 to $6.50 in just four months, then pulling back toward $2.50? That's textbook consolidation, nothing to sweat about.

The key question stays the same: does that 0.618 support stick? As long as it does, we're looking at a healthy higher low setup—the kind that usually precedes the next leg up. The correction isn't weakness; it's how markets breathe between rallies.