BTC’s rebound caught a lot of traders off-guard. Many called it a short-squeeze that would fade over the weekend… and they were wrong.
BTC held strong on Sunday and carried momentum into today.
📌 Technical Outlook (Daily Chart) Bullish: BTC holds above the 21-day MA → $95K remains in sight. Bearish: A breakdown below the MA opens a move toward $84K psychological support. R:R ≈ 0.4 → Don't FOMO. Wait for confirmation, not emotion.
📌 Macro Events This Month That Actually Matter Dec 10 — Fed rate decision (91% chance of a cut) Dec 16 — US Jobs Report Dec 18 — CPI (Inflation) Dec 19 — Bank of Japan (81% chance of rate hike) Remember: BTC dipped earlier this month when Japan’s 10-yr bond demand spiked.
📌 Market Sentiment Fear is easing: Nov 20: 11 (Extreme Fear) → Today: ~28 (Fear)
📌 My Stance I’m still bullish. This is exactly the phase where smart money buys while retail gets scared out.
$BTC
When influencers scream doom, they’re entering 😂. Then when BTC pumps, they’ll tell you to buy. Don’t fall for the cycle.
📌 Actionable Takeaway Watch 21-day MA for your trigger. Plan entries based on your risk tolerance and TP levels. If BTC holds the line, $95K is realistic. If it doesn’t, prepare for the $84K reload zone.
📣 Your Turn Do you think BTC sustains this rebound or collapses back into a short-squeeze zone? Drop your thoughts below. I read every comment. 👉 Follow me for daily trader-focused insights 👉 Comment which coin you want analyzed next 👉 DM me for free personalized help