$BTC

🔹 Bitcoin

🔹 The main resistance is at 98600; above it, a new peak, and below it, all scenarios are possible. This means if you want to open a short position on Bitcoin, your stop loss should be a daily close above 98600.

🔹 There is strong support for Bitcoin, which is the intersection of the channel's bottom with the upward trend line shaded in yellow, and it is between the 80-77 thousand level. We will likely see a good rebound from there.

🔹 All trend lines represent expected bottom areas, and if the support at 80-77 is broken, it will go to the next support at 71-73, where Bitcoin will have reached the last target (corrective).

🔹 Since everyone and the majority are now expecting a drop to 73 thousand, Bitcoin has two options: either it drops to that level, breaks it strongly, pulls liquidity from the 66 thousand level, and triggers stop losses for buy positions at 73, or it won't drop to that level at all and will bounce back from the 80-77 support.

🔹 If the daily close is below 66-65, the path is open (for a price slide) to 53-52, and there is no support on the way.

🔹 This is the Bitcoin map now; follow it.

🔹 I will buy Bitcoin with only 10% of the transaction value if it drops to 66 thousand.

🔹 I will buy an additional 20% of Bitcoin if it drops to 53-52 thousand.