Starting this week, we may witness BTC choosing one of the three price trends as follows. I believe the probability of BTC choosing the first and second options is higher, over 50%, especially the second trend, breaking the norm and catching the bulls off guard, plunging into the abyss and unveiling the veil of the deep bears.
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小龙先生
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BTC A new week and the forecast of three price trends for the following weeks
Trend One: The yellow price trend forecast, at the beginning of next week, the price will slightly oscillate around the lower boundary of the green upward channel near 68,000, consolidating and weakly rebounding for two to three days.
The rebound peak is around 71,000, then it breaks below the lower boundary of the upward channel and falls below 65,000, heading straight for around 60,000, then continues to decline and breaks 40,000; this trend is more in line with common sense and market expectations, with a probability of 50%;
Trend Two: The red price trend forecast, the price directly breaks below the lower boundary of the upward channel near 68,000 on the first day of the new week and falls below 65,000, heading straight for around 60,000, then continues to decline and breaks 40,000; this trend is quite aggressive, with a probability of 50%;
Trend Three: The blue price trend forecast, at the beginning of the new week, the price falls to the lower boundary of the upward channel near 68,000 and then starts to rebound, with the rebound peak below 74,000, then surges and falls back while oscillating downwards, breaking the lower boundary of the upward channel, falling below 65,000, then heading straight for around 60,000, and continues to decline and breaks 40,000; this trend starts off relatively mild, but will become exceptionally fierce later, with a probability of 30%.
Considering the situation in the international financial markets and the war among the three countries in the Middle East, along with on-chain data and the fluctuations in long and short positions, I believe the probability of BTC choosing the second trend is relatively high, as this trend is somewhat unexpected and breaks expectations, with a direct breakdown causing the market to be caught off guard. Which trend do you think aligns better with the market's rhythm?
Regardless of which trend BTC ultimately chooses from the above forecasts, the outcome will be the same, the fourth wave dead cat bounce on the weekly level will end, and then the fifth wave mid-line downward trend will commence, breaking 40,000 and probing the bottom, entering a deep bear market to build a base. Let us witness the terrifying moments of this bear market together.
Trend One: The yellow price trend forecast, at the beginning of next week, the price will slightly oscillate around the lower boundary of the green upward channel near 68,000, consolidating and weakly rebounding for two to three days.
The rebound peak is around 71,000, then it breaks below the lower boundary of the upward channel and falls below 65,000, heading straight for around 60,000, then continues to decline and breaks 40,000; this trend is more in line with common sense and market expectations, with a probability of 50%;
Trend Two: The red price trend forecast, the price directly breaks below the lower boundary of the upward channel near 68,000 on the first day of the new week and falls below 65,000, heading straight for around 60,000, then continues to decline and breaks 40,000; this trend is quite aggressive, with a probability of 50%;
Trend Three: The blue price trend forecast, at the beginning of the new week, the price falls to the lower boundary of the upward channel near 68,000 and then starts to rebound, with the rebound peak below 74,000, then surges and falls back while oscillating downwards, breaking the lower boundary of the upward channel, falling below 65,000, then heading straight for around 60,000, and continues to decline and breaks 40,000; this trend starts off relatively mild, but will become exceptionally fierce later, with a probability of 30%.
Considering the situation in the international financial markets and the war among the three countries in the Middle East, along with on-chain data and the fluctuations in long and short positions, I believe the probability of BTC choosing the second trend is relatively high, as this trend is somewhat unexpected and breaks expectations, with a direct breakdown causing the market to be caught off guard. Which trend do you think aligns better with the market's rhythm?
Regardless of which trend BTC ultimately chooses from the above forecasts, the outcome will be the same, the fourth wave dead cat bounce on the weekly level will end, and then the fifth wave mid-line downward trend will commence, breaking 40,000 and probing the bottom, entering a deep bear market to build a base. Let us witness the terrifying moments of this bear market together.