[SeoVereign] BITCOIN BEARISH Outlook – October 13, 2025Bitcoin / TetherUSBINANCE:BTCUSDTSeoVereignAs of October 13th, I would like to share my bearish outlook on Bitcoin. The first basis is the Shark pattern within the 1.13–1.414 range. The Shark pattern, established by Scott Carney, is a modified harmonic pattern that defines its PRZ (Potential Reversal Zone) within the 1.13–1.414 XA extension range. This zone represents a region where the buying momentum tends to be exhausted after excessive price expansion, and it is typically interpreted as an area where strong reversal pressure tends to emerge. Currently, Bitcoin has entered this 1.13–1.414 range and is repeatedly testing the upper resistance zone. Therefore, I believe the probability of a short-term bearish reversal is gradually increasing. The second basis is that Wave 5 forms a 0.382 length ratio relative to Waves 0–3. This is a Fibonacci-based structural relationship often observed in Elliott Wave Theory. When Wave 5 fails to extend excessively and remains around 0.382 of Waves 0–3, it typically indicates a phase of exhaustion, followed by a corrective or retracement phase. Accordingly, I set the average target price around 111,350 USDT. Depending on the future development of the chart, I will provide updates on position management and any changes to this idea. Thank you for reading.