The Gaussian Channel on a 5-day timeframe provides much more accurate insight into the current market situation. 🚨

Every time $BTC has lost the median and then failed to retest it successfully, we’ve entered the second (more aggressive) phase of the bear market.

I believe we’re definitely heading toward the $103k zone for a retest, or possibly slightly higher for a liquidity hunt.
If we manage to establish and hold support above the median, I’ll let you know. Until then, everything should be considered just a dead cat bounce.👀