Although my main outlook remains bearish, this bullish scenario is my alternative plan that will be activated if Bitcoin breaks the $124,533 level (the invalidation point of the previous scenario). Key details of the scenario: Pattern: A break above $124,533 indicates that our previous bullish move has formed a "Leading Diagonal" pattern, acting as wave (1) of a much larger bullish trend. Short-term expectation: Even in this bullish scenario, I expect the market to correct and have a pullback to complete wave (2). Trading plan: I will not FOMO at all. I will patiently wait for the correction to finish and look to enter a long position in the optimal buying area, which is around $92,000. Target: After the completion of wave (2), I expect the start of wave (3) bullish and reaching new highs.
