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After the local high near $82.5K, the market is likely finishing a counter-trend rally phase. Historically, this type of movement often appears before another leg down and a final bottom formation. Current structure still looks more like a prolonged accumulation range rather than the start of a full bullish expansion.Game plan for now: — Gradual decline toward the $60K region — Formation of a second major bottom re-test — Relief bounce back toward $75K+ — Another liquidity sweep and final capitulation phase — Slow recovery from the last support zone — Breakout above resistance and continuation toward $90K+ The main area of interest remains the potential bottom around $50K, where the market could begin a longer liquidity accumulation phase before a larger reversal higher. This remains a slow macro scenario and will likely take time to fully develop, but if the structure plays out correctly, Bitcoin could still push toward $90K+ closer to the end of the year. submitted by /u/Legitimate_Towel_919 to r/TotalMarketCycles |
