You Are Waiting For 80K. I Am Waiting For The Crash.
The monthly BTC structure is currently painting a highly deceptive picture. Forget the short-term noise; the true danger lies in the cycle structure unfolding on the 1-month chart.
We are tracking a classic market maneuver: the Dead Cat Bounce. Historically, when $BTC crests and enters the initial correction phase, the EMA21 on the monthly timeframe acts as a critical, temporary lifeline. This level is designed to catch the initial dip, providing a strong bounce that forms what analysts call a "Lower High."
This bounce is not the recovery; it is the trap. Once that bounce completes, the EMA21 breaks, and that is the signal for a significant acceleration to the downside, likely pushing us well below the anticipated $80,000 psychological support. Watch that monthly support like a hawk.
This is not financial advice.
#BTC #CryptoCycles #TechnicalAnalysis #MarketStructure #DeadCatBounce
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