The analysis begins by observing Bitcoin at $92,158, noting its 1% increase for the day. A key point is the necessity to retest the 50-week moving average, indicating a bearish downtrend if Bitcoin remains below it. A break above $100,000, surpassing the 50-week moving average, could signal a continuation of the bull run. Despite the extreme fear, Bitcoin holds a $3 trillion market cap, potentially indicating future growth. Historically, corrections range from 77% to 86% which might stabilize to around 60%, potentially reaching $50,000. The analyst also notes cumulative short liquidation leverage rising and long positions entering the market and concludes emphasizing patience in approaching market strategies. The analysis provides the bitcoin’s possible crash, retest a 50-week move, and a further crash in the coming months.