$BTW CORRECTION PHASE IS PLAYING OUT EXACTLY AS EXPECTED
I clearly mentioned before that $3.00 was a major resistance zone and after such a vertical rally, a correction was the more likely next step.
BTW rejected from around 2.75 and is now trading near 2.49, so the cooldown has already started.
This is still following the path I expected.
As long as price stays below the 2.70–3.00 resistance zone, I still expect more consolidation or downside pressure before the next clean bullish continuation.
Strong rally first, correction now. Patience here matters more than chasing.
I clearly mentioned before that $3.00 was a major resistance zone and after such a vertical rally, a correction was the more likely next step.
BTW rejected from around 2.75 and is now trading near 2.49, so the cooldown has already started.
This is still following the path I expected.
As long as price stays below the 2.70–3.00 resistance zone, I still expect more consolidation or downside pressure before the next clean bullish continuation.
Strong rally first, correction now. Patience here matters more than chasing.