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Once again , great prediction market is down as I told everyone

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$BTC is still trading inside a long-term descending channel. Upside: 🔹a clean breakout opens the door back to ~95K–100K+. Downside: 🔹rejection risks a sweep toward ~75K–70K support. Until then, this is a patience & range-trader’s market. Bears are winning #BTCVSGOLD

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Yesterday, the market was relatively flat during the day, with limited price fluctuations for Bitcoin. However, in the evening, the trend strengthened significantly, and the price surged rapidly, reaching a high near 94,500 before starting to pull back. Currently, the market is consolidating around the 92,400 level. Overall, after a sustained upward move, the market has entered a consolidation phase at a high level. Although there is some short-term downward pressure, the main technical structure still favors the bulls. Going forward, attention should be paid to whether the price can find effective support near key moving averages and previous resistance areas and regain upward momentum. It is recommended to go long around 92,200 and 91,500, with initial targets at 94,600. #CPIWatch $BTC

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Bitcoin and most major altcoins are under pressure in early December, with BTC pulling back to the high‑$80k/low‑$90k range after hitting a new all‑time high in October, while regulation and policy headlines are heating up globally. Sentiment is cautious to fearful, but there are also some very bullish structural and regulatory developments in the background. Market moves - Bitcoin is trading around the high‑$80k to low‑$90k area today, down roughly 10–13% over the past month and well below its October all‑time high near $126k. $BTC - The recent sell‑off has hit altcoins too, with Ethereum slipping from around $3,000 a week ago toward the high‑$2k range and broader market sentiment sitting in “extreme fear.” - Analysts frame this as a sharp correction after a strong 2025 run rather than a full structural breakdown, though near‑term volatility remains elevated. Regulations and policy - 2025 is a major inflection year for crypto law: in the US, a new stablecoin law (GENIUS Act) and a broader market‑structure bill (often referred to with the CLARITY framework) are advancing, aiming to clearly split oversight between the SEC and CFTC and provide paths for token listings and platforms. - Globally, a large group of jurisdictions covering most of the crypto market have rolled out or tightened frameworks for exchanges, stablecoins, and licensing, including the EU’s MiCA regime moving from design to real‑world implementation this year. Trader takeaways - Trend: Macro uptrend still intact on the higher‑timeframe chart, but currently in a corrective phase with elevated downside volatility. - Narrative: Short‑term “fear” and profit‑taking vs. long‑term tailwinds from institutional adoption, treasury strategies, and clearer regulation in the US and EU. #outlook

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Market expected to remain sideways today Wait for a big dip before investing a hefty amount Patience is key

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