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$BTC
Just like the two scenarios we discussed in the previous article,
This is the visual performance I actually expect,
Scenario 1: We rally from here, reclaim 80k and head straight for 82k and try to break through it.
We have attempted to break above 82k multiple times, and I believe this time we will definitely break through and sweep pwH (82.8k).
Scenario 2: We decline from here, break below 78k and head straight for mO (76.3k).
(77.8k has good liquidity and pressure, so the price might pause there briefly before continuing downward).
The scenario I anticipate is that we first sweep the high,
then form a top and start declining, gradually clearing key levels.
The main level bulls need to hold is 74k-76k; if we break below there, it’s over for the bulls, and we will fall below 70k,
and my initial prediction of dropping below 70k by late May / early June will be realized.