on weekly chart btcusdt long term short

Aug 5, 2025

According to the weekly chart it would say that btc is near or at the peak and in the next few weeks or months it will start to fall.
As can be seen on the chart, if btc continues to follow the time interval of 202 bars and the fractal structure of the previous period, the next decline should last longer than a year. The lines of resistance in that case would be:
1. green line or about 90k
2. orange line or about 55k
3. red line or about 15k

Disclaimer: This is not financial, investment, trade or other advice. This is my personal opinion which can very easily be wrong.
You trade at your own risk.

Aug 26, 2025

Trade active

As expected, the price broke through the rising wedge, now we can expect confirmation and a drop to the 90k zone

Sep 28, 2025

Note

the confirmation (retest) should be completed and now it should continue to fall to around 90k

Nov 14, 2025

Note

like i said it slowly drops to the 90k zone

Nov 18, 2025

Note

90k goal reached. Now, in the following period of several weeks or months, a couple of attempts to break through the green line can be expected. If it successfully breaks the next resistance is at around 55k. Personally I think it will drop to the 55k zone.