Based on the chart, which resembles a Wyckoff distribution pattern with a potential topping formation around 69-71k, and ZeroHedge_'s consistent Stage 4 bearish calls since over 100k (warning of a cycle downturn), I expect BTC to face further downside pressure short-term, possibly testing 60-65k support. However, diverse analyses show mixed views—some predict stabilization or a rally to 100k by month-end. Current price ~69k. Always DYOR.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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