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Technical analysis by TSFC about Symbol BTC on 2/22/2025

https://sahmeto.com/message/3342398
TSFC
TSFC
Rank: 19078
1.4
،Technical،TSFC

The current BTCUSDT chart is forming an EXP model (turquoise), indicating a potential correction before the next phase of active growth.Main ScenarioThe most likely development suggests a price retracement to the $80,845 – $77,890 range (purple zone), corresponding to unclosed gaps on CME. This range is positioned above the 100% level of the model ($75,949), making it an optimal area for the completion of the correction before the continuation of the upward movement.Two possible correction paths:1️⃣ Decline from current levels – BTC gradually breaks local support, tests the 4th point of the model (~$91,341), and then moves towards the CME Gap area.2️⃣ ATH breakout ($109,354) before a decline – A short-term rally is possible before a deep correction into the $80,000 – $77,000 range.After testing this zone, a reversal movement may form, with targets at the 1st point of the model ($109,354) and beyond. Final confirmation of the uptrend will depend on further market dynamics.Once this cycle is completed, a transition to the altcoin growth phase can be expected.Secondary ScenarioUnder favorable conditions, BTC may avoid a correction into the CME Gap zone and continue its upward movement without retesting support levels. However, in the current market structure, this scenario remains less probable.Alternative ScenarioIn the event of an extended correction, BTC could break the 100% model level ($75,949) and test the 200% level ($63,226).Such a development may occur due to external market shocks, leading to mass liquidations of margin positions. However, even in this case, a rapid price recovery is expected.Everything's going according to plan 👇Done👌That was a great analysis👌

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$96,416.42
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