The drop I was talking about was aimed at repositioning in the market, but it failed as soon as Ethereum and the Other Index closed above their recent highs yesterday.

So the question at that time was, can we bear a loss of 20% to 30% in exchange for a profit of 200% in the coming days?

Last night when I posted here that the market would offer us entry opportunities today and perhaps tomorrow as well... here they are! If Bitcoin reaches 98 thousand, it will be an excellent buying opportunity.

If Bitcoin does drop to 81 thousand, we will not enter the market at that time because it will be the beginning of a Bear Market.

In fact, if Bitcoin drops below 95,200 with two consecutive daily closes, it will mark the beginning of a Bear Market.

I expect a final rise based on last night's weekly close.