Bitcoin: It's Really Not Looking Good!BitcoinCRYPTO:BTCUSDHKCM_GlobalWhat’s changed? Bitcoin hit a new local high just above $67,000 before pulling back toward $66,000. As far as our scenarios are concerned, this doesn’t change anything for now. Primary Scenario Our primary expectation is for further imminent sell-offs that should take Bitcoin well below support at $59,977 and down into our green Target Zone ($37,400–$25,975). We anticipate the low of the corrective move that has been underway since early 2025 to occur there, setting the stage for a long-term trend reversal to the upside. Alternative Scenario In our alternative scenario, Bitcoin would soon turn higher again to establish a new corrective top between resistance at $82,822 and $99,662. However, this would also be followed by sell-offs toward our green Target Zone ($37,400–$25,975) (probability: 25%). Long-Term Outlook The daily chart also highlights the green Target Zone ($37,400–$25,975) and confirms that we should expect further sell-offs into this price range as things develop. Once the current correction ends there, Bitcoin should resume a sustainable uptrend and target new all-time highs. As our weekly chart shows, we expect the long-term upward move to reach our red Target Zone ($200,797–$238,972). The subsequent correction should then, at that point, bring Bitcoin back into the green Target Zone ($157,291–$108,288).