runningflat

$BTC

#Bitcoin Chart Analysis

It seems that Bitcoin has been showing signs of an uptrend since January 1, 2025. However, to confirm a definitive #upward trend, Bitcoin must rise to at least $98,000.

Therefore, I’ve prepared two potential scenarios for today:

Scenario 1: #RunningFlat Formation
In this scenario, Bitcoin's movement resembles a running flat pattern. If a running flat occurs, it suggests that the correction has ended and that Bitcoin is eager to rise quickly. This pattern is characterized by the price not falling below the A wave and instead showing an upward trend. For this kind of upward movement, Bitcoin needs to reach at least $98,000, as mentioned earlier.

Scenario 2: Continuing WXY #ComplexCorrection
In this scenario, the WXY complex correction, which I’ve mentioned before, is still ongoing. If this is the case, Bitcoin may drop further to around $83,000, where the Y wave is expected. The current movement could be a temporary rebound, with the downtrend likely to continue.

Considering these two scenarios, it’s advisable to trade cautiously and focus on risk management.

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