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In January, while considering the prospects @Bitcoin it was mentioned that a decline was expected to begin soon, which could become a long-term reversal. After reaching the level of 109358, the movement down began, the price dropped to 74420, after which recovery occurred.
The graph below shows two trend lines. The trend line marked in red was tested, and it bounced up. Below is a long-term line, its breakout will confirm a global reversal.

In the last update on $BTC , which looked at the prospects for the next year, it was assumed that growth would continue at least until New Year’s Eve, and named targets of 42325 and 48640. As is already known: we completed the second goal, after which a rapid downward movement began and an equally rapid upward rebound. Let's look at the prospects for the next few weeks - months.

This review begins a series of articles with forecasts for next year. The first one will be bitcoin.
November of last year was remembered for the sharp decline in the cryptocurrency market, which was caused by problems at the large crypto exchange FTX. Restoration began in December, and several options were considered in January 2023.