#MarketPullback Long-term update on BTCUSDT: So far, the movement of BTCUSDT is still following the plan. However, I will divide it into two potential scenarios, considering the FOMC meeting on May 8, 2025, which is expected to bring high volatility.

Plan 1: If BTCUSDT does not fill the CME gap at $91,000, the price movement may follow what is depicted in the "Plan 1" chart, with an initial upward target around the psychological level of $114,000. However, if this plan materializes, there is a possibility that BTCUSDT may experience a sharp correction back to the range of $88,000–$91,000. After that correction, BTCUSDT is expected to continue the rally and form a new all-time high (ATH) around $120,000.

Plan 2: In this scenario, BTCUSDT first drops to the area of $88,000–$91,000 to fill the CME gap. After that area is reached, BTCUSDT is likely to continue upward movement towards the same target as Plan 1, which is around $114,000. After reaching that level, a correction may occur to gather liquidity around $93,000, followed by another upward movement to form a new ATH around $120,000.

Do your own research — this is not an invitation to buy or sell crypto assets.