Possible Scenarios
Bullish (Optimistic):
If the price respects the ascending channel and rebounds from point 6, BTC could enter a new growth cycle, surpassing its all-time high.
Possible targets: 120,000 – 150,000 – 200,000 USDT.
Bearish (Pessimistic):
A loss of channel support (below 60,000 USDT) could lead to a significant correction, pulling the price back toward 50,000 – 40,000 USDT.
Conclusion:
The chart indicates a long-term optimistic outlook, but confirmation of the uptrend depends on maintaining channel support.
Recommended Strategy:
Monitor the reaction at channel support.
Confirmation above 100,000 USDT for a valid bullish scenario.
Risk management for potential corrections.
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