BTC/USDT
Fib Retracement + Market Structure Update 📊

BTC currently trading at $78,168, pulling back after tapping the 0.618 Golden Ratio zone.

🔹 Structure: Clean BOS → CHOCH sequence from the Aug 25 high, with lower highs forming through the pullback (LH marked at each swing).

🔹 Key Fib levels (swing high → recent low):

0.382 → $79,719
0.500 Equilibrium → $79,213
0.618 Golden Ratio → $78,707 (tapped and rejected)
0.650 Golden Pocket → $78,570
0.786 Deep → $77,987

Price rallied into the 0.618/0.650 Golden Pocket zone, got rejected, and is now retracing back toward the 0.786 deep level (~$77,987) and prior close (~$77,884).

🔹 Current retrace: 74.4% — sitting between the Golden Pocket and the 0.786 deep fib.

📌 Bias check: 4H = Bearish, 1H = Bearish, 15M/1M = Bullish → mixed signal, Action: WAIT

If $77,987 (0.786) holds, next reaction zone is prior close/open. A clean break below opens the door toward $77,404 (today's low).

⚠️ Not financial advice — sharing chart structure for educational purposes. DYOR.

#BTC #bitcoin #TechnicalAnalysis #Fibonacci