BTCUSD - SELL IDEA

In the current 15-minute chart for BTC/USD, it seems that Bitcoin has completed an impulsive wave (5) and is now entering a corrective phase. This offers a potential shorting opportunity as the market is likely to retrace.

The key Fibonacci retracement levels to watch for this corrective move are:

- The 0.618 level at $64,349, where a possible short-term bounce might occur before the continuation of the decline.
- The 1.0 level at $62,075, which serves as a significant target for the completion of the wave (c).
- Finally, the 1.618 extension at $60,854, where the correction might fully extend, providing a potential exit point for short positions.

This setup indicates a strong bearish momentum, suggesting it might be a good opportunity to consider a short position with a keen eye on these Fibonacci levels as potential take-profit targets.