October Crisis - Bitcoin will drop to 50K!
2024-10-13

Bitcoin recently completed a harmonic pattern near the 66,500 level.
The initial price reaction was positive,  increasing the likelihood of the beginning of a bearish movement.    This harmonic pattern adds more weight to the  bearish scenario we are considering.

However, from a different perspective,  BTC has been making significant upward and downward moves.    When we refer to past movements,  BTC is currently in a similar area.

I am looking for profit-taking opportunities near strong zones where the price has previously reacted,  specifically around 60760;    57800; and 55200. And 52600, and finally 50,000