📊 $BTC Monthly Analysis – Golden Pocket Reaction Zone
Bitcoin has tapped into the 0.5 – 0.618 Fibonacci zone (golden pocket) on the monthly timeframe, which is a key area for potential bullish continuation.
The overall market structure remains bullish (higher highs & higher lows), and this pullback looks like a healthy retracement within an uptrend.
🔍 Key Observations:
Strong uptrend intact on higher timeframe
Price reacting from golden pocket
Possible accumulation before next move
⚠️ Important: This is a high-probability zone, not a guaranteed reversal. Confirmation is required.
📈 Bullish Confirmation:
Strong bullish candle close
Break of lower timeframe structure
Increase in volume
📉 Bearish Scenario:
Clean break below 0.618
Potential move towards deeper retracement levels #HighestCPISince2022 #CZonTBPNInterview #bitcoin