Is BTC Preparing for the Next Bearish Leg ?
# Bitcoin Market Analysis (BTCUSDT)
## Quick Summary
**Bias:** Higher Timeframe Correction (Yellow Wave X)
**Current Structure:** Monitoring Micro Wave B
**Confidence:** ★★★★☆ (4.5/5)
**Status:** Yellow Wave X Active
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# Market Bias
Neutral Bearish
Bitcoin has officially entered **Yellow Wave X**, initiating the higher-timeframe corrective structure exactly as discussed in my previous analyses.
The overall bearish market structure remains valid unless key invalidation levels are broken.
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# Current Scenario
As outlined in my previous updates, my focus has now shifted to the **4H timeframe**.
The market has successfully started **Yellow Wave X**, confirming the beginning of the higher-timeframe correction.
Price reacted precisely from my first supply zone at **63.5K–63.9K**, where Micro Wave A appears to have completed.
My attention now moves to the lower-timeframe demand zone around **62.6K**.
There are currently two possible scenarios:
### Scenario 1 (Higher Probability)
Bitcoin respects the **62.6K demand zone**, forms **Micro Wave B**, and continues developing Yellow Wave X.
### Scenario 2
Bitcoin breaks below **62.6K** and then loses **62.2K**, cancelling the corrective structure and continuing the primary bearish move as **Yellow Wave Y**.
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# Why This Scenario?
• Yellow Wave X has already started.
• Price respected the projected supply zone perfectly.
• The 4H timeframe now controls the next major move.
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# Key Levels
🔴 Main Resistance
• 64.6K
• 65.4K
🟢 Targets
• Primary Target: **61.1K**
• Extended Target: **59.5K**
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# Invalidation
The Yellow Wave X scenario becomes invalid if Bitcoin breaks below **62.2K** before completing the expected higher-timeframe correction.
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# Market Confidence
★★★★☆ (4.5/5)
The market structure continues to respect the projected Wave count, although confirmation from price behavior around the demand zone remains essential.
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# Next Update
The next update will be published after:
• A reaction from the 62.6K demand zone.
or
• A confirmed break below 62.2K.
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💬 **What do you think?**
Will Bitcoin continue building **Yellow Wave X**, or will Yellow Wave Y resume sooner than expected?
👍 If you found this analysis useful, consider following **MAS Crypto Analysis** for future Bitcoin updates.
*This publication is intended for educational and market analysis purposes only and does not constitute financial advice.*
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