Bitcoin's troubling state and scenarios from my point of view
2024-10-09

According to the previous analysis and the candlestick two days ago, which showed heavy selling pressure, we are witnessing the market becoming depressed again.
Therefore, according to this reaction from the imbalance, it is expected that an endorsement will be created to reach 68,000 and the trend line I have drawn in 4 hours will work to become a liquidity trend line after the third strike.
However, we can expect an upswing from the market, which should wait for the approval of the 4-hour long unmitigated week and save profit by reaching the daily K-level.