In the analysis before we talked about the bullish and bearish pressure zones.
The bears have won for now. We have a bearish sequence activation (yellow).
If the sequence is activated (price is lower than A) the probability in higher that we see a correction to (C) our target.
It's beautiful to see, that even fundamental news, don't interfere with the...
Bitcoin is currently in a very interesting zone. In black, we have our bullish sequence.
The target would be about 82K plus.
We also have an orange sequence (finished).
Now the whole correction level of this orange sequence is the bearish selling pressure.
Kinda interesting to see.
Also, we will see who wins... bear or...