As we approach a critical week, it's essential to stay informed and prepared for potential market movements. Here's a breakdown of the key events that could impact the market:
*Key Events to Watch:*
1. *December 16: Unemployment Rate* The unemployment rate data can significantly influence market direction. A higher-than-expected rate may signal economic weakness, leading to a market dump, while a lower rate may indicate strength, driving markets up. 2. *December 18 (Thursday): CPI & Initial Jobless Claims* The CPI data will provide insight into inflation trends. A lower-than-expected CPI may support a market pump, while a higher-than-expected reading could lead to a sharp dump. Initial jobless claims will also be closely watched. 3. *December 19 (Friday): Bank of Japan Interest Rate Decision* A potential interest rate hike by the Bank of Japan could tighten global liquidity, leading to a market dump and potentially driving Bitcoin toward the $70,000 zone.
*Trading Strategies:*
*Futures Traders:*
- Exercise caution and use strict stop-losses - Focus on calculated entries and risk management - Prioritize discipline over aggression
*Spot Traders:*
- Be prepared for potential buying opportunities during market dips - Stay mentally and financially prepared for volatile market conditions
*Current Market Movement:*
Bitcoin is moving as predicted, with a potential relief pump from the $87-88K zone toward the $90-91K zone.
*Stay Informed:*
Keep following our analysis for updates on market developments and early signals. We'll keep you informed about any confirmed news and major moves.
Stay patient, disciplined, and informed to navigate the upcoming market volatility. #CPIWatch #USJobsData $BTC $ETH $SOL
$BTC Ready To Brake 116k level. if $BTC hold above 116k we see a Price going to 120k. if you want to recover your loss contact us on whatsapp +923078152832 $BTC #BitcoinETFNetInflows
* BTC had a **sharp rally upward**, then a **strong bearish correction** with a clear break of market structure. * After that, price formed a **lower high** and continues moving sideways — showing indecision.
#### 🔹 **Support Zones:**
1. **$106,500 – $107,000:** Key short-term support (price tested and bounced here multiple times). → If broken, next support is around **$104,800 – $105,000**.
2. **$102,500 – $103,000:** Major liquidity & demand zone. Likely to attract strong buying if reached.
🔹 **Resistance Zones:**
1. **$109,500 – $110,000:** Nearest resistance and liquidity pocket (previous highs). → A breakout above here may trigger short squeezes.
* **Above $110,000:** Stop-loss liquidity from short traders. * **Below $106,000:** Long traders’ stop liquidity (potential sweep area).
---
📊 **Short-Term Outlook (Next 24–48h):**
* If BTC **holds above $107,000**, expect a **retest of $109,500–$110,000**. * If BTC **breaks below $106,500**, expect a **drop toward $105,000 or even $103,000**. $BTC #MarketPullback
Major Support: 103,500 – 103,800 → This level was the recent swing low and shows strong buying reaction. Immediate Resistance: 107,400 – 107,600 → Price rejected twice near this zone.
💰 Order Blocks
Bullish Order Block: 103,500 – 104,000 (Last bearish candle before strong move upward.)
Bearish Order Block: 107,400 – 108,000 (Last bullish candle before large dump from ~113k → 103k.)
📊 Indicators Summary
RSI: 45.9 → Neutral to slightly bearish (neither overbought nor oversold).
MACD: Just turned positive but weak momentum; needs confirmation.
Volume: Declining after the bounce — showing market indecision.
🔮 Short-Term Outlook (Next 12–24h)
As long as price stays above 105,200, expect sideways to small upward move toward 107.5k.
If 103,500 breaks, expect sharp drop toward 101k–102k liquidity grab zone.
For bullish continuation, candle close above 107,600 (1h or 4h) is key. $BTC #MarketPullback