On the weekly candle, you have seen that since BTC formed a double top model and adjusted to a lower peak (distribution), the reason I predicted the drop to the 107 area is because of this!!

And now the reason why I have a plan for 86k ..

In the picture, you can see 3 trendlines in red, black, and green ..

√ Red assumes that if BTC adjusts the price down to the red trendline, it will create a bullish head and shoulders pattern in the price range of 96k xxx .... And according to theory, traders will long here!! And will be caught in a stop loss triggering the next downward momentum because the pattern at this red trendline is too easy to predict ..

√ Next, when the downward momentum is activated, BTC will adjust at the black trendline, creating a bullish head and shoulders pattern again in the price range of 90kxx because according to the double top model, when it drops, it will often test the neck line (the collar line of the black model); I want to emphasize again that it is a trap .. Because according to the theory of such a model, anyone who has knowledge can predict too easily .. MM is not that foolish ..

√ So I will choose the scenario at the green trendline in the price range of 86k xx. It also creates a bullish head and shoulders pattern .. when everyone is surprised and fooled and the price drops too far like this .. And again, according to the weekly chart, the time will be long ...

This is where MM delivers the final "damage" blow.

When the market is hit hard from 107k - 86k, the retail investors' mentality is exhausted – desperate.

At this point, a bullish head and shoulders pattern appears once again, but this time:

No one believes anymore.

MM starts to accumulate real stocks.

The strong rebound from 86k will be surprising – decisive – few dare to enter!