The analysis begins with a Bitcoin price of $115,804.79, indicating a 2.28% decrease. The analyst discusses a potential drop to $140,000 based on a scenario from three days prior. The Fear and Greed Index is noted to have decreased from 74 to 60, implying a potential for deeper market correction. Using a BTCUSD chart, trendlines are drawn from April 2023 onward, showing upward movement but expecting a new drop. With a focus on daily time frame, the worst-case scenario involves prices moving faster to the downside, going to $114,477, and potentially reaching $98,536. An entry point below $118,000 has been called the best by the analyst. Despite potential drops, the analyst considers the trend to be bullish. The analyst highlights the importance of risk management, setting stop losses to avoid large losses in case the $110,000 region is breached.