
$BTC 📊 While many are focused on deeper downside targets, it’s important to consider alternative scenarios. After sweeping below $60K and printing a local low around $59K, Bitcoin has managed to reclaim key levels, increasing the possibility that the market is closer to a bottom than many expect. My base case still involves one final shakeout before a larger reversal. However, there’s also a realistic scenario where BTC front-runs the widely anticipated $55K–$49K range. A second sweep toward the $58K area, followed by a period of sideways consolidation, could be enough to exhaust sellers before the next major uptrend begins. This type of price action would fit both the historical timing of bear market bottoms and the pattern of diminishing drawdowns seen across recent Bitcoin cycles. #Bitcoin #BTC #Crypto #MarketCycles #BearMarket #Trading #TechnicalAnalysis #MarketStructure #PriceAction #CryptoMarket
