#btc

The pancake has reached the initial support, and there is only one resistance level for the rebound: around 107000. It is expected that the rebound will reach above 95,000.

What I really want to say is: the decline is still not over. After the rebound at the initial support ends, we will face the final trap – a 20% drop within the day. Bitcoin will eventually stop falling in the range of 72,000 to 58,500.

My view remains unchanged: the four-year cycle has been concluded, and an even larger bull market will come. But before that, we will experience an unprecedented bull market trap!