$BTC
To have a better perspective, I often look up to previous cycle price moves and patterns
This one looks interesting to me
We can see how BTC is touching SMA200, got rejected and broke the BOS structure with a further short sweep and dump
That's how bottom was made in 2022 cycle
But it's also important to see not only these patterns and also consider macro situation rn
As back in 2022 we had Lune, FTX and a more aggressive FED, which rn can only compare with macro uncertainty and Iran war
So we still have a chance to close above SMA200 and fill that $86K CME gap I mentioned in my earlier posts
But many times I also saw we repeating same structure from past cycles and I'd say this chart is likely to happen
For now, this is my main scenario, final confirmation of which will come if we close under $75K soon