What's happening? I've started to worry about the daily chart — after a prolonged downward trend, the price has begun to bounce, and the selling pressure has noticeably weakened (we never dropped below 99000, although no one forced us), so I see a real chance, quite significant, for the beginning of a "bullish thaw", likely before the inflation figures are published on December 13. However, clarity will come from the closing of trading on Friday (on Saturday around 3:00 AM)!☝️
⚠️I remain in the bearish camp, and for me, further declines are just a delay; I wonder how much longer they will reach another peak... It has always been clear that the 200-day EMA on the daily with an impulse around 109000+/-, I expect that this is how it will turn out!
🧲Magnetic areas and gaps in prices:
The lower ones are still hanging! Their filling is inevitable for me over time.
The upper ones on the figures indicate 107500-109200 — a critical zone for testing, beyond which is 111800-113500...🤔
"Large profits are born in patient waiting, not in the operation itself."
⚠️Critical levels:
✅Supports: 105000, 102000, 99500, 98000, 97500, 96000, 95500, 92500, 90000, 88000
❌Resistances: 105500, 107000, 107800, 110000, 110800, 112000, 113800, 114500, 115500, 117000, 120500
Current price $BTC around 105090, and the 200-day EMA is approximately at 109010. Volatility is waking up after a lull, which can lead to sharp movements, but for now, the price is holding above key lows.
