BTC update - Dec 09 2024
As it was mentioned several times, 104,000 zone was a critical area for BTC and as you can see upon reaching that zone, BTC had an instant sharp dump towards 90,000 level.
After some post-dump recovery (dead cat bounce), BTC and the entire market began dumping again today and based on several confluences, BTC will most probably see lower levels and the CME gap filling is also possible.
As advised before, trader/investor should have liquidity/cash in order to buy the dip.
After some post-dump recovery (dead cat bounce), BTC and the entire market began dumping again today and based on several confluences, BTC will most probably see lower levels and the CME gap filling is also possible.
As advised before, trader/investor should have liquidity/cash in order to buy the dip.
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