The chart illustrates a potential reversal pattern as price approaches a key support zone.
Currently, the price is consolidating within the Ichimoku cloud, suggesting indecision in the market. If a breakout above the resistance near $100,000 occurs, it could trigger a bullish continuation.
On the downside, failure to hold this support could lead to a further decline toward the highlighted lower demand zone around $78,000.
Volume dynamics and RSI trends indicate a need for confirmation before entering positions.
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