The Trust Layer for Market Analysts

The analysis presents a potential ABC zigzag pattern for Bitcoin on the 2-hour chart. The prevailing trend is still considered bullish, with the expectation of wave 2 completing soon and initiating wave 3 towards higher prices. The speaker highlights a potential target of 83,000 USD, with an invalidation point at 60,528.52 USD. Various scenarios for wave 2 completion are discussed, including a regular flat, expanding flat, or triangle, with a preference for a diagonal wave formation. The analysis also mentions that if Bitcoin breaks below the base channel, it could signal a deeper bearish correction, with potential targets at 56,817 and 44,361. The speaker also provides an alternative bullish scenario involving a triple zigzag to reach higher targets. The focus remains on monitoring key price levels and confirmations for future price action.