BITCOIN Drop back towards 100k or rise to $130k? What's next?BitcoinCRYPTO:BTCUSDTradingShotBitcoin (BTCUSD) is at critical crossroads as it is pulling back today towards its 1W MA20 (red trend-line). We've discussed before of the importance of this level as a technical Support that has fueled the final BTC rallies during past Cycles. As this held on August 25 and closed the candle above it, we expected that to be this confirmation. Today's decline however jeopardizes this model, in fact the Parabola pattern of the current (2023-2025) Bull Cycle, has always been tested when Bitcoin closed below its 1W MA20. As you can see it has always declined and touched its 1W MA50 (blue trend-line) to form a Support and start the next Bullish Leg. The 1W MA50 is currently just below the $100k level so an aggressive drop below the 1W MA20 (candle closing) can take us around that area in a matter of 2-3 weeks. If however the 1W MA20 holds, it is more likely to see a rise to $130000 at least. And that is what the Sine Waves Tops imply (red Rectangle peak formation, with a 1W MA50 test more likely to occur in late January 2026. So what do you think? Is $100k or $130k next for Bitcoin? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇