Bitcoin Top Confirmed: Bitcoin Enters Macro Retracement Phase

$BTC has broken key bullish support and is trading below it, confirming a bearish market phase.

Head & Shoulders
The Head & Shoulders pattern is fully completed.
As per classical rules, the 162% downside target has already been hit, signaling a cycle top and trend reversal.

Fibonacci Levels (Macro)
From bear-market low → top:
0.382 Fib: ~$56,700
0.5 Fib: ~$44,000 (bear market acceptance)
0.618 Fib: ~$35,000 (strongest support)

Liquidity Note
An unfilled FVG at $98K–$100K could attract a short-term relief move before continuation lower.

Macro: Bearish
Possible bounce: $98K–$100K
Next leg: $70K–$60K → lower Fib supports

Trade with confirmation. Respect all scenarios.