Abstract: An injection molded plastic foldable bicycle basket includes a front and a rear sidewall hinged to a pair of centrally hinged end walls and closed on the bottom by a hinged bottom wall. The walls are hinged together in such a way that the bottom wall of the basket folds up against the inside of the rear sidewall and the two centrally hinged end walls fold inwardly to collapse the basket into a flat package. A pair of pivotable hooks are provided for hooking the rear wall to the bicycle handlebars and a hinged strut is affixed to the bottom of the rear sidewall for supporting the basket from the headbar of a bicycle. A pair of retractable tote handles are slidably coupled to the front and rear sidewalls for toting of the basket.