this analysis is based on support and resistance chart pattern ( Head and Shoulder) and (Rising Wedge) and extended ABC correction in the chart on bitcoin ill be starting my trade on this for bear market which will b 4th wave in deca cycle wave if we break the blue line below or else their is possibility that we may bounce from their and end at ATH of 87.5 k from where the reversal could be possible but if we formed a inverted hammer on 1 month chart then this will be the start of bear market as the monthly divergences will playout resulting in bear run
@trytofeelpositive but according to me it is possible if we bounce from here and complete the cup and handle pattern then we can achieve the target of 77 k