Latest Bitcoin price short-to-mid-term trend analysis, big picture with micro details: (1) **Daily chart wide-range consolidation pattern**: This explains Bitcoin's price testing the $68K level three times. Third time's the charm? Not this time. After failing to break $68K on the third attempt, bullish confidence collapses, bears take over, and the price plunges below $60K, heading toward the $52K-$54K range. Why isn’t $60K the so-called “iron bottom” some people claim? Check out this in-depth, multi-dimensional analysis in the article: *‘Is $60K Really the True Bottom of Bitcoin’s Bear Market? Who’s Buying the Dip at $60K?’* (2) **4-hour chart narrow-range rebound**: The current price is fluctuating toward the $68K target, but the upcoming CPI data might not look so great, potentially triggering a pullback. However, the downside is limited since there’s strong buying support around $62K. If the price dips back to the $62K range, consider a light long position with a stop-loss at $61.5K and a target of $67.5K. (3) **Weekly chart 5th wave downtrend**: We’re still in the 5th wave of the weekly downtrend. Unlike the smooth, continuous declines of the 1st and 3rd waves, the 5th wave is more choppy and full of twists and turns. (4) **This bear market isn’t over yet**: The true market bottom won’t be $58K but closer to $45K. The bottom is expected to appear around October, so we have plenty of time to observe and prepare for the dip. No need to rush into buying the dip—patience is key. #Crypto #Bitcoin #BTC #CryptoAnalysis