The analysis highlights Bitcoin's current position within the 2-day Super Guppy indicator, noting its first entry into a red band since 2022. Historically, Bitcoin has peaked around a 10% rally above the final red band, suggesting a potential target of approximately $107,000 if it follows previous patterns, or $105,000 based on the current red band's peak. The immediate price movement is currently encountering resistance. Divergence is noted across traditional and crypto markets. Coinbase (COIN) and MicroStrategy (MSTR) are exhibiting weak performance, making lower highs and lower lows, in contrast to Bitcoin's stronger upward momentum. This divergence is likened to patterns observed in 2022, which preceded significant market downturns for these assets, suggesting a bearish foreshadowing if they fail to rally with Bitcoin. Similarly, the Nasdaq (QQQ) is flatlining while the S&P 500 (SPY) and Dow Jones (DIA) are making new highs, a divergence pattern that historically led to market collapses for the QQQ after forming a flat top. The analysis suggests that if Bitcoin fails to decisively break above the $104,000-$105,000 range and gets rejected, it could trigger a broader market correction. The current sentiment in Coinbase and MicroStrategy, marked by a lack of confidence despite Bitcoin's rally, reinforces a bearish outlook for these assets.