The analysis focuses on Bitcoin's (BTCUSD) price action, employing Elliott Wave analysis to outline potential future movements. The market is currently characterized by indecision, with Bitcoin's performance impacting altcoins significantly. The presenter identifies a potential leading diagonal structure for an upward trajectory, contingent on breaking the 89,230.41 resistance level, which is seen as a crucial point for a bullish continuation. Should this occur, targets around 92,038.36 to 98,630.86 are considered for an upward impulse, followed by a corrective wave 2, and then a breakout. However, a prevailing bearish sentiment is highlighted, with the market showing a lack of confidence for sustained upward pushes. The long-term projection for Bitcoin points towards a target of approximately 68,000.00. This bearish scenario is envisioned as a controlled diagonal decline rather than an aggressive crash, which would be detrimental to the broader crypto market. The analysis explicitly states 99,030.33 as the invalidation level for a definitive bull run. Technical indicators, such as KGT, confirm ongoing selling pressure and an absence of bullish divergence on lower timeframes, reinforcing the likelihood of a continued bearish trend.