BTC The two main levels I’m watching for a bounce are the 0.5 Fib level and the Golden Pocket. During larger pullbacks in bull markets, price tends to respect these levels really well. Looking at the past cycle, you can actually see that price bounced off one of these two levels during every single correction we saw. Considering that most of the remaining downside liquidity sits right below the previous low at $75k and pullbacks are getting shallower each cycle, I favor a bounce from the 0.5 Fib level. However, a retest into the Golden Pocket is also something that wouldn’t surprise me and a scenario I‘m prepared for. For now, we’ll have to wait for price to approach $75k and see how it reacts right after the sweep. If bearish momentum continues to be strong, we might see a continuation lower, while if buyers immediately step in, this could be the local bottom.