BTCUSDT - 17th January

📉 BTC/USDT at a Crossroads – Bullish and Bearish Scenarios 📈

Bitcoin is currently navigating a critical decision point, as uncertainty looms over the completion of Wave 4. Here’s a breakdown of the potential outcomes:

🔑 Bullish Path:

If Wave 4 is complete, BTC is poised for a breakout above the 103K resistance level.
Target Zones for Wave 5:
🎯 Target 1: 121K
🎯 Target 2: 129K
A confirmed breakout above 103K would signal the start of a rally toward a new all-time high.

🔻 Bearish Path:

If Wave 4 remains incomplete, BTC might still be forming a triangle or bull flag, which suggests another leg downward.
Possible Downside Levels:
📌 88K to 86K
This would likely mark the final accumulation phase before BTC resumes its climb toward the all-time high.
🎯 Current Outlook:

The 103K level is the key to determining Bitcoin’s next move:

• A breakout confirms the bullish scenario.
  
• A rejection signals potential downside.
  

📊 Conclusion:
Bitcoin’s path hinges on resolving Wave 4. Until confirmation emerges, traders should exercise caution and prepare for both bullish and bearish scenarios when planning trades or investments.

Disclaimer:
⚠️ This is not financial advice! Always conduct your own research and trade responsibly.