BTCUSD — multi-timeframe: BTC is trading near $59,200, about 52% below the October 2025 cycle high of $124,500. Price has been inside a descending channel since the top, and is currently testing the lower rail of that channel right where it lines up with the 1.0 Fibonacci retracement of the entire 2025 rally (~$57,000) and a horizontal demand shelf at 58,855. This confluence of channel support, fib level, and prior structure makes the current zone the key area to watch across all timeframes belo