Mates, for those who follow: Idea coming your way. Bull rallY is still active in the meantime. There are bearish price actions that have been rejected previously.
Let's be careful moving forward, we never know when the BIG BEAR will attack. I'm hoping the pushdown will happen at a later time after BTC has moved up in price, by then PI CYCLES has moved up in value.
As I've studied pi cycles, we always have to give a 3k precaution downtrend from below pi cycle red plot MA like history has shown.
Let's follow the pattern together. Many thought BTC was headed to a deeper fall but at the end of the day, we can't make that call, It is CALLED MONEY POWER: BANKS, FINANCIAL INSTITUTIONS, WHALE, AND SHARK MONEY can dictate what happens next.
PI CYCLES now has a new read, this idea shows a 57k zone and now reads a 58k zone. That's 1k You don't have to worry about falling any deeper.
So to sum things up since Pi cycles read should not fall below 58k, I have to give that extra 3k less value which means no less than 55K because history shows some dips below the red MA and total out to around the 3k sum.