Technical analysis by Phenor about Symbol BTC on 2/8/2025

Disclaimer: I don't think this cycle's top is in yet. We have been ranging between 91k and 107k for a couple of months now. If we're printing a reaccumulation pattern, then this is what could happen. The daily 200MA should be around 80k and help support the fall by the ~23rd of February. Also, the recovery after the spring could take longer, so don't take the path I drew in yellow too seriously.Here's the drop.The price reached ~78k, so around the expected target of ~80k. Time to go up.Things are going as planned so far, we're going up.