Bitcoin is currently in an 'C' upward trend.
Scenario 1: There is a possibility that it may experience a decline again from the most common 1:1 extension length of 27284.
Scenario 2: Due to strong selling pressure, it might not reach the 1:1 extension length and could start declining from now on.
Scenario 3: As everyone is anticipating further downside, it could actually rise up to 29000.
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