Bitcoin (BTC): Possible Local Top Has Been Formed / BTC Weak!!
2024-12-30
Category: None

One of the most important weeks for Bitcoin is here, the last week of 2024, where we will be closing the yearly candle and opening a new one within these 7 days. 

We are seeing some signs of weakness both from just liquidity outflow and the selling pressure we have (even on the ETF side, where Blackrock started to slowly sell some of their profits).

Now with that being said, we are expecting as many of you know the price to correct properly, which later on would reduce the dominance of Bitcoin on the markets and money will flow into some altcoin!!.

For now, the point of interest is and will be that support zone near $75K or near that zone!

Swallow Team