As BTC approaches the 74929 bottom, buyers are emerging, at least as a reaction to the decline. However, what I see in the emerging pattern is not good. It looks like a head and shoulders pattern is forming. A head and shoulders pattern has formed, and it seems like an upward move is coming to complete the final shoulder. In head and shoulders patterns that form at the top, if the support is broken, a drop equal to the depth of the head can occur. A reaction rise could be towards 79000-80000, but if it cannot maintain its position above the 82885 peak, a further decline may occur. If it cannot hold the 74929 bottom, the decline will deepen further. The 71-68 thousand region could see a continued decline towards the Fibonacci support level. This region is an important support level. It is a region where buyers may emerge. If buyers strengthen, a renewed rise may occur. In the upward move, we will be watching the resistance levels at 98000-10900-107000. If it reaches the 10900-107000 region, this will be an important resistance. If it fails to stay above the recent peak of 126199, another decline may occur. In deep declines, the 60000 level is important.