📉 **There is a striking OBO structure of $BTC **
The structure formed in the chart resembles a clear **Shoulder-Head-Shoulder** formation.
The left shoulder, head, and right shoulder seem to be completed.
The critical point now:
👉 **Neckline area**
If this level breaks downwards, selling pressure may increase.
🎯 Scenario below 60K is on the table.
But the main detail to pay attention to is this:
📅 **We are approaching the end of the month.**
We often see increased selling pressure during these periods in the market.
👉 Liquidity movements
👉 Profit realizations
👉 Position closures
Therefore, we are at a critical point in terms of timing as well.
📌 There is no certainty, there is a scenario.
📌 The market can always surprise.
But when both the structure and timing come together,
it is beneficial to be a little more cautious.
#BTC #Bitcoin #Kripto #OBO #freedomofmoney
