[ANALYSIS]
đ¨ $BTC ANALYSIS: DEEP CORRECTION TO $67K POSSIBLE đ
History is rhyming. Bitcoin recently peaked near $125K, faced rejection, and is now showing structural similarities to a past cycle where price tested a deep demand zone before the next major rally.
đ Key Parallels:
Previous cycle:Â Double top â breakdown â drop to strong support â explosive rally.
Current structure: Rejection at highs, momentum weakening, $67K emerges as key demand zone.
đ ShortâTerm Bias:Â Bearish.
A move toward $67K could shake out weak hands and create the fuel for the next bullish phase.
⥠Trading Implication:
Smart money prepares early. If structure breaks, watch $67K as a potential accumulation zone for the next leg up.
Stay alert. This could be the shakeout before the launch. đ˘
