$BTC

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

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 area of 96k xxx .... And according to the theory, traders will long here !! And they will get hit by stop loss triggering the next downward trend because this pattern at the red trendline is too predictable ..

√ Next, when the downward trend is triggered, BTC will adjust at the black trendline, creating another bullish head and shoulders pattern in the price area of 90kxx because according to the double top pattern, when it drops, it will often test the neckline (the collar line of the black pattern) and here I want to emphasize being deceived .. Because according to the theory of the pattern, anyone who has knowledge will find it too easy to predict .. The MM is not that foolish ..

√ So I will choose the scenario at the green trendline area at the price of 86k xx. It also creates a bullish head and shoulders pattern .. when everyone is surprised and deceived and the price drops too far like that .. And also according to the weekly chart, it will take a long time ...