$BTC has been moving in a symmetrical pattern for a long time.
The first leg of the bear market, a -35% drop, is already complete. If the pattern continues to play out, we’ve seen roughly that same -35% move again. It should now bounce back toward the white trendline around $80K. If it manages to hold above this level, we could see a move up to $90K. However, we should stay prepared for a potential third leg of the bear market afterward.$BTC
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$BTC has been moving in a symmetrical pattern for a long time.
The first leg of the bear market, a -35% drop, is already complete. If the pattern continues to play out, we’ve seen roughly that same -35% move again. It should now bounce back toward the white trendline around $80K. If it manages to hold above this level, we could see a move up to $90K.
However, we should stay prepared for a potential third leg of the bear market
afterward.$BTC