runningflat
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$BTC
#Bitcoin Chart Analysis
It seems that Bitcoin has been showing signs of an uptrend since January 1, 2025. However, to confirm a definitive #upward trend, Bitcoin must rise to at least $98,000.
Therefore, I’ve prepared two potential scenarios for today:
Scenario 1: #RunningFlat Formation
In this scenario, Bitcoin's movement resembles a running flat pattern. If a running flat occurs, it suggests that the correction has ended and that Bitcoin is eager to rise quickly. This pattern is characterized by the price not falling below the A wave and instead showing an upward trend. For this kind of upward movement, Bitcoin needs to reach at least $98,000, as mentioned earlier.
Scenario 2: Continuing WXY #ComplexCorrection
In this scenario, the WXY complex correction, which I’ve mentioned before, is still ongoing. If this is the case, Bitcoin may drop further to around $83,000, where the Y wave is expected. The current movement could be a temporary rebound, with the downtrend likely to continue.
Considering these two scenarios, it’s advisable to trade cautiously and focus on risk management.
If you'd like to keep up with further chart analysis, don’t forget to follow!
#Bitcoin Chart Analysis
It seems that Bitcoin has been showing signs of an uptrend since January 1, 2025. However, to confirm a definitive #upward trend, Bitcoin must rise to at least $98,000.
Therefore, I’ve prepared two potential scenarios for today:
Scenario 1: #RunningFlat Formation
In this scenario, Bitcoin's movement resembles a running flat pattern. If a running flat occurs, it suggests that the correction has ended and that Bitcoin is eager to rise quickly. This pattern is characterized by the price not falling below the A wave and instead showing an upward trend. For this kind of upward movement, Bitcoin needs to reach at least $98,000, as mentioned earlier.
Scenario 2: Continuing WXY #ComplexCorrection
In this scenario, the WXY complex correction, which I’ve mentioned before, is still ongoing. If this is the case, Bitcoin may drop further to around $83,000, where the Y wave is expected. The current movement could be a temporary rebound, with the downtrend likely to continue.
Considering these two scenarios, it’s advisable to trade cautiously and focus on risk management.
If you'd like to keep up with further chart analysis, don’t forget to follow!
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