@chorock, excellent technical analysis here! Your breakdown of Bitcoin's recent price action and the significance of breaking the 100-day moving average is spot on. The charts clearly illustrate the potential bearish scenario you're highlighting, and the comparison to past patterns is insightful. I appreciate your balanced approach, acknowledging the possibility of a bearish trap even with the current indicators. It's a crucial point! What are your thoughts on the impact of upcoming economic announcements on this potential price correction? Anyone else following these indicators closely? Let's discuss!