Bitcoin (BTC):Nothing Much on Bitcoin / Calm Days Before NewYear
2024-12-27
Category: None

Bitcoin is still trading below the major resistance zone of $100,000, where upon approaching the new year, markets are pretty calm, almost like a scenario "calm before the storm.".

Those upcoming days will be very volatile so we would suggest to still stay away from the markets but overall we are expecting a liquidity sweep to happen, which would be the most logical move on the markets, and the majority of liquidity is lying on the lower side of the 200EMA so that's the place we are looking for the price to be reached!

Swallow Team 