A detailed technical outlook for Bitcoin shows a downward trend with a complex correction that is almost complete, so the nearby bottom is tied to activating one of those scenarios...

Scenario (1):
Stability above 63,300 with a temporary rise to 76,700
Result: forming the bottom at 54,770 : 53,310

Scenario (2):
Failure to hold 63,300 with a drop to 56,780
Likely quick rebound at 69,200 : 71,100
Result: forming the bottom at 53,400

Scenario (3):
Worst case: a quick drop at 52,300
Result: forming the bottom at 46,820

Any clear drop for buying, not watching
Any break above 80,800 = activation of positivity

Expected upside targets:
Near-term rise: 87,700 - 101,300
Medium-term target: 138,300 - 143,100
Peak of the current bullish cycle: 211,500 - 237,600

For clarification...
Every price move requires time, so there will be successive updates
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