Technical analysis by behdark about Symbol BTC on 6/29/2025

This analysis is an update of the analysis you see in the "Related publications" sectionSince the red arrow was placed on the chart, Bitcoin's bullish phase has ended and it has entered a corrective phase. This correction appears to be forming a Diametric pattern, and we are currently in the middle of wave E.After interacting with the demand zone, the price may move toward the specified targets.A daily candle closing below the invalidation level will invalidate this analysis.For risk management, please don't forget stop loss and capital managementComment if you have any questionsThank YouStill ValidThe intended drop has occurred.Only the green zone might be hunted slightly | we've outlined both scenarios.In this analysis, we also updated and adjusted the invalidation level.After hitting the specified support zone, it pumped over 4% and TP1 was hit.