For the two possible scenarios of BTC's price movement, the first involves a triangle contraction followed by a direct breakout above the previous high to reach 69,000. The second involves testing the current high, then moving through a 5-wave correction pattern, declining back to around 66,400, and then rising again to 69,000. The final outcome in both cases is bullish, so we need to observe what type of correction pattern this is.
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For the two possible scenarios of BTC's price movement, the first involves a triangle contraction followed by a direct breakout above the previous high to reach 69,000. The second involves testing the current high, then moving through a 5-wave correction pattern, declining back to around 66,400, and then rising again to 69,000. The final outcome in both cases is bullish, so we need to observe what type of correction pattern this is.