To our nighttime post about the reversal week/weeks of December and the growth of the crypto market - there is something to add.
Important automated forecast from our algorithm P73 CryptoMarket Monitor, which we will share openly this time:
" ❗️FORECAST: ATTENTION - high probability of a reversal upwards and long-term market growth, starting in the next three weeks. During this time, the low may still be updated.
Reason - potential LOW label on the weekly TF for BTC.
What other assets besides #BTC showed a potential low label on the weekly TF - is indicated in the screenshot. There are significant ones, like #BNB and #LINK. And #TWT, by the way, which we keep in special regard and really likes to react to such labels.
Of course, it is worth remembering the potential high label on the monthly TF for #BTC, which it had in October (and is currently undergoing a significant correction from ATH). Also, the downtrend on the weekly TF.
But let's also remind how the situation on the BTC chart developed in past cases with such labels. This is currently a test of the bull market's preservation. With a number of strong arguments that it has already reached its end.
The chart since 2022 shows that in a bear market, potential low labels on the weekly TF for the asset only indicated rebounds, at best. Or even a continuation of the "dump".
However, in a bull market, when such signals appeared twice (in September 2023 and March-April 2025) - significant growth followed those signals. It's worth reminding that there can be up to three signals, and in March-April, after the label appeared, the price fell by another -13%. Which would currently mean a move towards the area of $78,000.
IF the correction in the coming weeks is not strong (and, moreover, if the growth starts plus or minus from the current levels), and ultimately from the processing of this label the price returns to an uptrend on the weekly TF - then the bull market is not over and we have gone through a large bear trap.
IF the rebound from the labels is not expressive (or if, moreover, after the first label appears the price continues to go lower) - the likelihood that the entire growth since November 21 is just a bull trap will increase. As will the arguments for the start of a bear market.
