📉 **Key Insights on Bitcoin's Trend** 📉
- The recent sharp decline suggests a potential start to a downtrend.
- 📊 Monthly charts indicate behavioral traits of an expanding triangle pattern.
- 🔵 My "best guess" scenario indicates potential action through the summer.
- 📈 Evidence from monthly prices suggests an expanding triangle in progress, slightly larger than anticipated, with wave-a moved to this month's low and wave-b forming.
- 📉 If accurate, expect Bitcoin to gradually break May's low, with wave-c likely dropping further in price and duration compared to wave-a.
- 💡 Expanding patterns often signal bullish sentiment among traders, with a decline not widely anticipated.
