Throughout the day, something new appeared in this hour regarding BTC after the review. The trend resistance we mentioned has been broken:

"... In any case, for now, we have a trend level of $95,748, from which the collapse began. If we break it and establish ourselves above without a significant drop from the current levels, the scenario with these patterns is canceled. If we break it later after updating the low, we will see an attempt of the 'Dragon' with targets of $94,825,130,297,579.78 and $95,748..."

There were several attempts to break this trend during the day, including some squeezes. Ultimately, a 'Double Bottom' has formed. Only in this hour, the break of the trend has been successful. BUT the problem for the bulls is that:

- Liquidity below the morning low of $93,514,130,297,579.78 has not been removed; as a 'Double Bottom' this is okay, but as a 'Dragon' - it is not.

- The gap on the Chicago Mercantile Exchange from $91,645 to $92,525,130,297,579.78 is also not closed.

- According to our P73 Trend & Target Dynamics indicator, there is no uptrend even on the 15-minute timeframe.

- According to our P73 Smart Liquidity Zones indicator, the level of $94,243 remains important, which is still resistance.

Therefore, as long as the price continues to remain below the EMA 50 on the 4-hour timeframe, which is currently at $94,801,130,297,579.78 - we would be cautious with conclusions about the end of the correction.