Bitcoin's Wild Ride: From $38K High to Potential $31K Drop – Wha

#Bitcoin at 38k, this is how hype news like the approval of the Bitcoin #ETF works. I can't even imagine what those who bought at that moment are feeling. I'm not sure that the fall has ended yet, most likely we can soon expect a back and then a continuation for the next four weeks with a final impulse to the zone of 31K - 35k. In the process, I may adjust my vision, but for now, this is it.

If we analyze the BTC chart based on past cycles, everything continues to move according to the established dynamics.
Chart PatternsTechnical IndicatorsTrend Analysis

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