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Yesterday, the lowest price dropped to 94,300, reaching the expected decline and correction target price. Now, the order book is accumulating buy orders, and the bearish momentum has halved.
The weekly chart remains bullish. It's the weekend, and next week looks bullish; 100,000 will be reached.
BTC's B-wave rebound target price and shorting timing forecast
1) The estimated BTC weekly B-wave rebound target price is around the blue major Fibonacci retracement level 0.236, approximately 100,000, forming a weekly head and shoulders reversal pattern;
2) When the price reaches around 100,000, start paying attention. The medium-term shorting opportunity for BTC: price near 100,000 + large sell order accumulation in the order book + daily chart showing volume-price divergence. Therefore, consider taking large positions shorting BTC and ETH.