$BTC

Bitcoin Chart Analysis for Today

Fortunately, yesterday’s analysis went well.

The scenario I’m considering today is that it’s time for Bitcoin to enter a correction phase. Unless it's a manipulated chart, it can't keep rising endlessly. Therefore, I believe a proper correction is necessary at this point.

Scenario A: After attempting a stop-hunt at $68,000, we could see a decline. In this case, a significant drop would be expected.

Scenario B: Similar to Scenario A, there would be a stop-hunt attempt at $68,000, followed by an ABC correction. Afterward, we could see a strong upward movement.

At present, I believe the overall trend favors a downtrend. However, if there’s a strong upward movement from here, I’ll update my analysis accordingly.

Please follow me to continue seeing chart analysis updates.