BTC- MONTHLY. BE CAREFUL 
2024-12-27
Category: None

December the 17th I sent out a warning when BTC was $106,549. So far it’s playing out like it should. Always look at both sides of the coin. We are looking at a possibility of a 20% to 25% more downside to that 70k to 75k area for a bounce. 

This is not something that will happen over night. It will take a little time. Big thing to keep an eye on is how this monthly candle closes. If it closes leaving this large wick at the top it shows us that the sellers have over powered the buyers and a reverse down to those levels is likely. 

Be patient, no emotions. This isn’t a game it’s a serious business. Happy trading and good luck. 