Bear Market WARNING: Bitcoin Price Crash to $39K?

BTC remains under pressure and is now trading near a critical support region. In this update, we discuss what now needs to happen for the market to still form a larger B-wave rally and why a break below the weekend low could significantly increase the probability that a substantial top is already in place. We also take a look at the smaller timeframe structure, discuss the current Elliott Wave setup, key resistance and support levels, and explain why the current market behavior remains highly unusual compared to previous Bitcoin bear market cycles. Key levels, invalidation points, Fibonacci resistance zones, and the possible implications of a 5-wave decline are covered in detail. #BTC #Bitcoin #Crypto #ElliottWave #Trading Timestamps: 00:00 BTC under pressure – what now needs to happen 01:05 Larger B-wave rally vs major top scenario 02:15 Why the higher timeframe thesis remains unchanged 03:35 Could BTC already have topped in May? 05:00 Why the current structure still allows another rally 06:25 The importance of the weekend low 07:45 Key support at $74,950 explained 09:15 Smaller timeframe Elliott Wave setup 11:00 Why this rally would be unusual in a bear market 13:05 Key resistance levels to watch next ----------------------------------------------------------------------------------------- 🧿 MCO Global: 💻 https://www.mcoglobal.com/ ✉️ Join the FREE Newsletter: 👉 https://mcoglobal.com/newsletter/ 🧿 Join the More Crypto Online Community: 👉 https://www.mcoglobal.com/memberships OR 👉 https://www.youtube.com/channel/UCngIhBkikUe6e7tZTjpKK7Q/join OR 👉 https://www.patreon.com/morecryptoonline 🧿 Join the MCO Stocks & S&P500 Community: 👉 https://www.patreon.com/moretradingonline ----------------------------------------------------------------------------------------- 🧿 Social Media: 👉 X / Twitter: https://x.com/Morecryptoonl 👉 Instagram: https://www.instagram.com/morecryptoonline_official/ 🔗 All Links: https://linktr.ee/morecryptoonline ✉️ Co