📉 #Bitcoin Daily 📈
I followed the trend and therefore counted on more bullish response from the market, but last 2 days (+ how it looks today) force me to admit, that $BTC have finished with that swing up and now preparing for correction within high TF uptrend.
"What? Wasn't these 2 days dump a correction?" - you may ask. And the answer is - no. There is a CME gap at 77k and breakout level at 74k, so there is much more space for pullback. But even if #BTC gets there, it will still remain within monthly uptrend, so that PA won't break Bitcoin cycles idea of top in Q4 2025.
The only thing not clear is how long that correction will take. Usually dumps happen fast, so 82-85k can be reached within one week time. Short term I expect everything to bounce soon, as at lower timeframes BTC made 4 waves down. That most probably covers weekend. But next week can be very bloody again.
Nearest liquidity pools:
above - 98523 / 99494 / 100563 / 101534
below - 94540 / 93091 / 90150 / 88666