Absolute worst case scenario for bitcoin if top is actually in Bitcoin / U.S. dollarBITSTAMP:BTCUSDDrDovetailVery few reasons in my opinion to believe the top is currently in but there are a couple worth considering, the fact that it has run the normal 4 year cycle, and that a candle has gotten rejected after a retest of the the top trendline of the channels idea i have been posting since 2023. So even though there still far more reasons currently why the top of the bull market isnt in, I think it is always wise to try to look at all possibilities and angles of the chessboard here so on this chart idea, I am approaching it from the perspective of if the top of the bull market is actually already in even though for now I think that is a lower probability. If indeed the top is in though, then that would allow this head and shoulders pattern I have shown here to have a good liklihood of playing out. If it were to actually validate this head and shoulders pattern its breakdown target would be 38k which lines up perfectly with the monthly 100ma. So although, I personally feel like the bullmarket top being in is currently a low probability, if somehow it is then i think 38k would likely be the next bear market bottom with the monthly 100ma once again being the bear market bottom support. I still think the top isn’t in and we have better odds of entering a supercycle but I must also keep my mind open to a bearish possibility like this one to make sure I am properly prepared for whatever outcome may end up unfolding and am ready to take advantage no matter which way the market heads. *not financial advice*