Potential BTC Top in Inverse Correction Scenario

If the inverse correction scenario in this chart is correct, then the exhaustive BTC market could see a potential top between the $55,000 - $56,000 price level in the coming weeks ahead. If a trend reversal materializes from the potential top area, it could begin a sideways correction phase that stretches across multiple months. The cooldown period might just spark an altcoin rally before a deeper correction from Bitcoin drags everything down like a sinking ship.