Keep a close follow on market trends, as there may be significant fluctuations in the coming week. From the daily chart of Bitcoin, the top formation has not yet fully formed. Once the top formation is established, it could likely trigger a whipsaw market, with prices potentially pulling back to around 10,000 USD. This prediction is based on the patterns of the last two top pullbacks.



The specific observation focuses on whether an upward channel will form on the 4-hour chart. The support level is around 114700 dollars. If the price breaks below the upward channel and fails to quickly recover, Bitcoin may experience a significant pullback.

Investors should remain vigilant and manage risks effectively. Although there may be adjustments in the short term, the fundamentals of Bitcoin remain strong in the long run. This kind of market fluctuation may also provide buying opportunities for long-term investors. However, given the high uncertainty in the cryptocurrency market, investors should conduct thorough research and analysis before making any decisions.
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ForeverBuyingDipsvip
· 5h ago
If I had known it would fall earlier, I would have gone all in.
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GateUser-74b10196vip
· 5h ago
There’s no chance at this price.
View OriginalReply0
PebbleHandervip
· 5h ago
All day long, just know how to Whipsaw.
View OriginalReply0
GoldDiggerDuckvip
· 6h ago
Just do a Rug Pull with 100,000.
View OriginalReply0
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