Bitcoin's Wild Ride: From $38K High to Potential $31K Drop – Wha

#Bitcoin at $38k, this is how hype news like the approval of the Bitcoin #ETF works. I can't even imagine what those who bought at that moment are feeling. I'm not sure that the fall has ended yet, most likely we can soon expect a back and then a continuation for the next four weeks with a final impulse to the zone of 31K - $35k. In the process, I may adjust my vision, but for now, this is it.

If we analyze the BTC chart based on past cycles, everything continues to move according to the established dynamics.