BTC: Local .618 Hidden Bearish Divergence → $36K H&S TargetBitcoin / US DollarCOINBASE:BTCUSDthatsavibe_ethBTC is sitting right at the local 0.618 Fibonacci level, and this area is lining up with a hidden bearish divergence on momentum. Hidden bearish divergence is developing on the momentum oscillator The larger structure still resembles a major Head & Shoulders The neckline has already been tested and broken/reclaimed multiple times A confirmed breakdown of the current structure would open the door to the larger measured move If the major H&S plays out, the measured target lands around $36K. I'm watching the ~$74K area closely. A clean breakout and acceptance above the local .618 would weaken/invalidate the immediate bearish thesis, while rejection here followed by a loss of the local structure would strengthen it. Levels I'm watching: Resistance: ~$74K–$80K Major downside target: ~$36K Not a prediction that BTC must hit $36K — just the measured target of the larger structure if it confirms.