#BTC #MarketIndex
After $BTC had a technical pullback from the 65k5 area to 68k5 as previously planned, BTC can now form a medium-term downtrend to the 60-57k area, I even expect it to be in the 53-48k area because BTC has Look at the 3 top frame D model. As long as BTC closes candle D below the 65k area, we will see a medium-term decline.
This is a necessary adjustment factor in the large frame when $BTC ot retested EMA200D and EMA34 in W for half a year.
The 52k-48k zone, for me, the possibility of a reversal in this zone must be up to 80%. Therefore, it is likely that this will be the bottom before entering the Bull run cycle of the next 10 months.
$BTC.D
BTC.D is still in the price channel towards the 57-> 60% area, this is the peak expectation area of BTC.D for me.
When the price of $BTC.D drops to the 60-57k area, it is even expected to be in the 53-48k area and BTC.D will be able to touch this area.
At this time, new Altcoins will form 2 bottoms like when BTC was 19k. And we will enter the true Altcoin season cycle when BTC approaches the 100k mark
