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$BTC just confirmed a textbook bearish head-and-shoulders pattern Means we are likely heading toward 70K from here

𝗖𝗛𝗔𝗜𝗡 𝗠𝗜𝗡𝗗 ⛓🧠

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39,905 views • 1 month ago •via X (Twitter)

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$BTC As we approach the monthly close, we’re seeing another confirmation of weak price action, with a major bearish divergence forming. Structurally, everything points toward an upcoming correction toward the ~$70K POI. I’m 90% confident we’re going to see this move very soon.

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BROKEN. RETESTED. REJECTED. Head and shoulders on Bitcoin. Neckline at $78K. That sequence is the textbook confirmation. It printed. The pattern is active. Above $83K: bulls prove it wrong. Below $77K: $48K measured move. The pattern doesn't need more confirmation. Most people just haven't accepted it yet.

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Hey Grok, I see three possible scenarios for Bitcoin from here: 1. Break $82K resistance and push toward $100K. 2. Pull back toward $70K before recovering and breaking higher. 3. Final capitulation toward $50K before the real recovery begins. Which scenario is most likely? Be BRUTALLY honest. 👇

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Each $BTC bear market had only two red 6M candles We are closing second one in a few days, which means that bottom might be close Wondering if we repeat same pattern

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DON'T GET TOO BULLISH FOR $BTC RIGHT NOW After months of chopping in same range, we finally reclaimed mFVG and now rejected second major resistance at ~80K So now we are likely going lower to retest now inverted FVG 70K zone I'd expect 2-4 weeks of chopping in new ~70-80K range now, but firstly we need to hold 70K POI to confirm this structure Waiting for weekly and monthly close for that

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