I Expect Bitcoin's Downtrend to Continue

The signals on the chart concentrate in areas where the trend is accelerating or nearing a change in direction. It is seen that signals increase significantly before the end of 2020, the 2021 bull market, the 2024 rally, and the 2025 peak. The same is true in downtrends as well. In particular, signals that appear after a peak have often emerged during periods in which selling pressure continued.
In the current chart, Bitcoin has fallen to around the $60,000 range. During the last drop, although several signals formed, the price could not respond strongly to them. Since the latest line is still sloping downward, there is not yet a clear trend reversal visible on the chart. This shows that the correlation signal alone cannot create buying appetite, and that the market is still cautious.
In previous periods, two different behaviors can be seen. In early 2021 and 2024, after the signals arrived, the price increased its momentum to the upside. After the 2025 peak, even though signals formed, the price could not produce a new high, and then a sharp correction began. This suggests that the signal serves more as an indicator of high volatility and a decision phase rather than a directional indicator. According to the chart, in the current situation, the downward trend will likely continue in the short term.
I believe the message from this heatmap is that the correlation between #Bitcoin and altcoins has entered another critical period, but a strong bullish signal has not yet formed.
#Not an advertisement or investment advice.
@ForeDex_Global :