$BTC Watch the market now!!! 1. Bitcoin's daily chart has retraced to the Fibonacci 0.618 level, signaling a potential stop in the decline. 2. Looking at the 4-hour chart, it has initially broken through the downward trend line and has retraced back to hold steady, so bulls can consider entering the market here. Focus on whether it breaks through 112,000. If it does, the short-term decline has essentially stopped. #BTC