Kayne (formerly Penguin)

“$BTC - following on from the last update 🧪 I think we’re likely at some kind of local low for now. My primary scenario is a solid rally towards, but just shy of, the psychological $90K level over the next week or two. We’ve had a clean three-wave move down, with messy highs still sitting above us. That’s why I’m leaning towards another move higher first. The structure into $90K will matter: • A corrective rally and rejection would keep a larger flat correction in play - potentially back towards $77K before a bigger move towards ATH. • A firm break above the $90K region would make me considerably more bullish. Locally bullish for now.”