Bitcoin still has room to run higher in the near term, but a sharp drop is expected to follow — good for traders riding the rally, bad for anyone buying the top.

• The overall stance stays bullish for now, with this rally seen pushing to a new high.
• That high is expected somewhere in the $90,000-$94,000 range.
• After that, a violent pullback is expected, most likely in October, possibly November.
• The exact path is a rough sketch, not a precise forecast — timing may shift as the setup develops.

Outlook: Expect one more leg up into early October, then a sharp drop.

## Bitcoin Levels

• **Bias:** Bullish near term, bearish into October.
• **Sell / take profit:** $90,000-$94,000 on the rally high.
• **Targets:** $90,000-$94,000 upside, followed by a deep pullback.