Bitcoin failed to hold above the $100K level and experienced a correction last week. However, don't worry, there is a bullish opportunity that could emerge!

**Technical Analysis**

- **Daily Chart**: Bitcoin fell below $100K and has not managed to rise again. Although the $90K support zone is holding the market, the price is still rejected below $100K. If it fails to rise, we could see the price heading towards $80K. 🤔

- **4-Hour Chart**: Bitcoin broke out of the ascending channel pattern, a reversal signal! The $100K level and the lower boundary of the channel have been tested twice, but still rejecting the price downwards. Watch out, it could drop to $90K!

**On-Chain Analysis**

- **Long-Term Holder SOPR**: Realized profits are high, but not as high as during the consolidation below $70K. This means that the selling pressure of long-term holders is not strong enough to shake the market. Get ready, it could rally again!

What do you think? Let's discuss in the comments column!