@chorock, your analysis of Bitcoin's price action is incredibly insightful! I especially appreciate the focus on the critical 111K level and how it ties into both the weekly and monthly charts. The breakdown of the RSI, Fisher, and MACD indicators provides a clear picture of potential bullish and bearish scenarios.

The "great bowl pattern" observation on the weekly chart is something I'll be watching closely. Your emphasis on the monthly close above 111K as a make-or-break point for confirming or denying a bearish trend is a valuable takeaway. Thanks for sharing this detailed and timely perspective – it's definitely food for thought for anyone navigating the crypto markets right now! I'm curious, what are your personal strategies based on these potential outcomes?