BTC BEAR CASE
📉 BTC/USDT Long-Term Analysis - Bearish Scenario 📉
If BTC loses the 66.7K level, this would serve as a strong bearish confirmation, indicating that the fifth wave is complete. In this case, I would expect a deeper correction with a target zone between 40K and 37K. This correction could last between 6 months to 1.5 years, suggesting a potential long-term trend shift.
So Confirmation: sub 66.7k
TP: 40k - 37k
Invalidation: after incoming correction if hold 0.5-0.7fib level ( 72-71k till 70.8-69.k) and bounce and make ATH. That will be invalidation for this case.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital
If BTC loses the 66.7K level, this would serve as a strong bearish confirmation, indicating that the fifth wave is complete. In this case, I would expect a deeper correction with a target zone between 40K and 37K. This correction could last between 6 months to 1.5 years, suggesting a potential long-term trend shift.
So Confirmation: sub 66.7k
TP: 40k - 37k
Invalidation: after incoming correction if hold 0.5-0.7fib level ( 72-71k till 70.8-69.k) and bounce and make ATH. That will be invalidation for this case.
Disclaimer:
⚠️ This is not financial advice! All information provided is for educational purposes only. Always conduct your own research before making any investment decisions. Trading carries a high risk and may result in the loss of capital
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