BTCUSD 1D – Local Trend: The Road to 50K?Bitcoin / U.S. dollarBITSTAMP:BTCUSDOpenYourMind1318Just a short update with possible scenario After two failed attempts to break out the local descending channel, the price dropped by approximately 37% from the latest peak and around 26% from the most recent wick into the support zone. If this pattern repeats again, the price could potentially move down toward 50k USD. Of course, you shouldn’t expect Bitcoin to reach a marked level perfectly. Market makers tend to condition traders to act in certain ways over time and once vigilance drops, things often move against expectations. That’s why I always say - be cautious with futures trading. You need to have a Plan B and be prepared for scenarios where the market doesn’t follow your initial assumptions.