The gray range which is around 60 to 64 is important,
and I think that if the structure and pattern reaches that range as a settlement, bitcoin can experience a deep drop and I give the possibility that this will happen at the same time as the halving is approaching.
The first scenario is optimistic and I think the second scenario (light gray arrow) is more valid due to the existence of liquidity.
100K target for Bitcoin measured with Fibonacci.
and I think that if the structure and pattern reaches that range as a settlement, bitcoin can experience a deep drop and I give the possibility that this will happen at the same time as the halving is approaching.
The first scenario is optimistic and I think the second scenario (light gray arrow) is more valid due to the existence of liquidity.
100K target for Bitcoin measured with Fibonacci.