Big downside impulse, lower low formed. Testing Fibonacci golden pocket and 786 level for breakout or rejection.

We've gotten a big impulse to the downside locally. We have a lower low. And honestly, I think your real test is gonna happen here. If we can get a move back up towards the Fibonacci golden pocket slash value area high, slash 786, I think this is going to either be a big, make it or break it for Bitcoin, where we either break out and start up higher or get a rejection. Now, again, remember, the overall context of this price action here is the fact that the weekly have confirmed the red dot.