BTC: Overall Still Bearish!BitcoinCRYPTO:BTCUSDHKCM_GlobalPrimary Scenario Looking ahead, we primarily expect a corrective high that remains below resistance at $82,822. After that, we mainly anticipate further sell-offs, which should bring Bitcoin down into our green Target Zone ($34,739–$23,961). We expect the low of the downward move that has been ongoing since October 2025 to form there, setting the stage for a long-term reversal to the upside. Long-Term Outlook The daily chart also highlights the green Target Zone ($34,739–$23,961) and confirms that we should continue to expect sell-offs into this price range as the trend unfolds. However, there is an alternative scenario in which this development would be somewhat delayed. In that case, a high above resistance at $82,822 would occur first before the sell-off into our green zone takes place (probability: 40%). In any case, once the current downward move ends in that area, Bitcoin should rebound sharply and aim for new record highs. As the weekly chart shows, we expect gains up into our red Target Zone ($237,518–$285,738) as part of the long-term upward trend.