Bitcoin's 2-week candle has closed above the 50-period Exponential Moving Average (EMA). Historically, a loss of the 50 EMA on this timeframe has initiated a capitulation phase in the macro bear market, leading to significant multi-month corrections averaging 50-60%. Given the current price action, a similar 50-52% pullback could target the $36,000-$46,000 range, aligning with the 200 EMA on the 2-week chart. The price has historically maintained above the 50 EMA for approximately 80 days before a breakdown, suggesting a potential breakdown around late January/early February. Current short-term Bitcoin volatility is low, likely influenced by upcoming interest rate decisions. The DXY is expected to exhibit range-bound to bearish movement, while the S&P500 is retesting sell-side liquidity with a projected downward correction. The Federal Reserve's tone following the interest rate decision, rather than the decision itself, is crucial for market direction into 2026. On the daily Bitcoin chart, an ascending trendline from the $80,000 low forms a short-term uptrend, but the overarching trend remains downward sloping. A leading indicator for a short-term move down would be a negative flip in RSI momentum and a daily close below its trendline. This could lead to a retest of $83,000 or a temporary break below the 50 EMA, targeting the weekly lower band of the Ichimoku Cloud and Gaussian Channel. A sustained break above $100,000 would invalidate the current bearish macro outlook.