# Bitcoin Market Analysis (BTCUSDT)

## Quick Summary
**Bias:** Bearish
**Current Structure:** Monitoring the completion of Yellow Wave X
**Confidence:** ★★★★☆ (4.5/5)
**Status:** Waiting for confirmation
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# Market Bias
Bearish

As outlined in my previous analyses, my primary focus remains on the **4H timeframe**, where I continue monitoring the completion of **Yellow Wave X** before the expected beginning of **Yellow Wave Y**, which aligns with my broader bearish outlook.
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# Current Scenario
Price once again reacted perfectly from my first projected supply zone between **63.5K and 63.9K**, confirming the area as expected.
The move completed **Micro Wave A**, which has now been updated to the latest swing high.
Price has also successfully reached the lower-timeframe demand zone around **62.6K**, exactly as projected in my previous analysis.
At the moment, I have **not yet received any confirmation** that Micro Wave C has started.
Therefore, two scenarios remain valid.

### Scenario 1 (Higher Probability)
Bitcoin breaks below **62.6K** and then loses **62.2K**, invalidating the corrective Micro Wave B and allowing the primary bearish trend to continue as **Yellow Wave Y**.

### Scenario 2
Bitcoin respects the **62.6K** demand zone, completes **Micro Wave B**, and then develops the final **Micro Wave C** to finish **Yellow Wave X** before the larger bearish trend resumes.
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# Why This Scenario?
• The projected supply zone produced another precise rejection.
• Price has already reached the expected demand zone.
• The 4H timeframe continues to control the larger market direction.
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# Key Levels
🔴 Main Resistance
• **64.6K**
• **65.4K**

🟢 Bearish Targets
• **Primary Target:** 61.1K
• **Extended Target:** 59.5K
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# Market Confidence
★★★★☆ (4.5/5)

The market continues to respect the projected Wave structure. The next confirmation will come from price behavior around the **62.6K demand zone**, which will determine whether Yellow Wave X completes or Yellow Wave Y begins.
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# Next Update
The next update will be published after:
• A confirmed reaction from the **62.6K demand zone**, or
• A confirmed breakdown below **62.2K**.
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💬 **What do you think? ****

Will Bitcoin complete **Yellow Wave X**, or will **Yellow Wave Y** begin sooner than expected?

👍 If you found this analysis useful, consider following **MAS Crypto Analysis** for regular Bitcoin market updates.

*This publication is intended for educational and market analysis purposes only and does not constitute financial advice.*
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