BTC pullback before inauguration?
2024-12-28
Category: None

Merryy Christmas guys and upcoming New Year!

Seems like we gonna meet New Year w BTC lower than100k...

Looks a bit scary, but here is in short what we have:

1) Daily MA cross. Which is bearish sign
2) Divergence between raising BTC channel and volumes
3) If the price will follow the red line move, it will form double top pattern 🥲

My expectations: I think we could correct to Fib zone around 0,236 (87k zone) and after we should check. But anyway seems like correction should happen before to continue growing and this we most likely gonna see after inauguration. 

What you think guys? Help me dispel this scary picture 😅