#BTCUSD 🇺🇸 Cryptocurrency Wave Analysis#Bitcoin1-hour timeframe

🐻 Selling pressure 📉 A bearish wave has formed in the form of an impulse pattern, followed by a corrective wave representing wave (2)/(B) in a flat structure. 🔨 The price is now about to break the lower boundary of the price channel through a sub-impulse wave. Accordingly, we expect the following:

1. A decline through the sub-waves of wave (3)/(C).

2. A new bottom is formed below 92232.54, which ideally leads to a price rise to 85065.06〽️.

3. Once the bearish wave is completed and a reversal pattern appears from this area, we expect a recovery and a new bullish wave 📈.