![This was the most obviously buy signal of the year [Video]](https://ytvmarketnews.com/wp-content/uploads/2026/08/1787650519_cryptos-coins_Medium.png)
This was the most obvious buy signal of the year!
Next Bitcoin target is $83,500. Here’s why:
Bitcoin has broken above 23.6% Fibonacci resistance at & the 6 month trend line resistance at 79500 for the next buy signal.
We should target the May high at 82793 & then Fibonacci resistance at 83700/84000.
This coincides with November & December lows so it is a very important area.
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- Ytv Market News
- Share-market news writer and analyst with deep experience covering equities, commodities, forex, and cryptocurrencies for readers in the USA, UK, Canada, and Australia. Ytv Market News delivers timely market updates, practical trading insights, and clear explanations of macro and company-level catalysts that move prices. Combines on-the-ground financial reporting with technical analysis, using concise charts and actionable ideas to help investors and traders make smarter decisions.
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