As expected, Bitcoin has reversed from the 48k area and is currently trading at 43k-ish. The bullish trend is still not broken, so there's some hope left for the bulls.
In order to fully confirm my bearish bias, I'm waiting for BTC to fall through the yellow area of support. This support has been holding since early December, so it would definitely be a long-term shift if it would break.
If we will close a weekly candle below 40k, there's a decent probability that we will move towards the bottom support of the diagonal channel (see first analysis), potentially even lower.
As mentioned before, this bearish move is likely the last one before the "real" bull trend starts. BTC has historically always dumped in the first months before/after the halving, so this potential dump is nothing out of the ordinary and will likely function as a spring towards new all-time highs.
Litecoin Front Running Solana, SOL Is Going To Crash to $20
I noticed this same thing on Bitcoin and did a chart on it go check it out. Solana could be gearing up for a massive crash back down to $20. Litecoin has been front running Solana way ahead like weeks as you can see in the history of the charts. Litecoin could be a good indication of what is to come for Solana and probably any other ALT in this same situation. Just see the chart for yourself. Litecoin runs when Sol falls. Not financial advice. I called the last major SOL drop at the top and people called me crazy. I called the LUNA crash at the top and people called me insane. Good luck out there