BTCUSDT Analysis by @TheMoon

The analysis identifies a head and shoulders pattern suggesting a potential bearish trend for Bitcoin. The target for this pattern is inferred around $94,700, and the nearest resistance level is around $99,000. A bear flag formation on the 4-hour chart indicates a breakdown is occurring, and a bearish divergence is noted on a higher timeframe. A short position is opened with a collateral of 10% for demonstration. However, the worst case scenario shows Bitcoin retesting a blue line indicating it could potentially test 92800. The analysis concludes that there has been bearish videos and warnings about Bitcoin's price correction. The primary target based on bear flag is 99000 and there could be volatility in the short term and it is important to consider market gaps before investing.