Bitcoin is showing signs of a potential pullback after rejecting the $116K zone. In this video, we’ll analyze the daily BTC/USD chart using Fibonacci retracement levels to identify the key zones traders should watch — from the 0.382 at $111K down to the 0.618 and 0.786 retracement levels near $108K and $106K. We’ll cover: Why Bitcoin might retest lower levels Critical support zones for a possible rebound What a daily close below 0.618 could mean for the next trend Whether you're a short-term sca