- Is the 75k$ possibility over? Let's start next week with our analysis and chart 🙌🏼
- During the process, we successfully targeted 100k$ and 89k$ respectively. ✅ - The potential drop to 75k$ on December 23, which we discussed recently, I will wait for between January 10-14 due to the volume stagnation and sideways movement caused by the end-of-year period. ⏳ - Due to Christmas celebrations and New Year events, trading activity has decreased both in the US and worldwide. 🎄 - In this environment, we are experiencing a sideways and volatile environment specifically $BTC .↔️
TECHNICAL VIEW 📊 - As seen in the chart below, we have fallen sharply from 124k$. 🔴 - The current sideways movement appears to be a classic triangle pattern formed before the last drop. 🔺 - This pattern could react up to 92k$ this week. However, a break below 84k$ should lead to a drop to the 75k$ zone. 🟡 - In the overall altcoin market, the 18% decline in $BTC will be accompanied by declines between 35% and 40%. At this point, we see that the October 10th spikes have expired. 🔴
- To not miss the trades I will make at 75k$, activate notifications and heart supports 😊 🤝
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
- Is the 75k$ possibility over? Let's start next week with our analysis and chart 🙌🏼
- During the process, we successfully targeted 100k$ and 89k$ respectively. ✅
- The potential drop to 75k$ on December 23, which we discussed recently, I will wait for between January 10-14 due to the volume stagnation and sideways movement caused by the end-of-year period. ⏳
- Due to Christmas celebrations and New Year events, trading activity has decreased both in the US and worldwide. 🎄
- In this environment, we are experiencing a sideways and volatile environment specifically $BTC .↔️
TECHNICAL VIEW 📊
- As seen in the chart below, we have fallen sharply from 124k$. 🔴
- The current sideways movement appears to be a classic triangle pattern formed before the last drop. 🔺
- This pattern could react up to 92k$ this week. However, a break below 84k$ should lead to a drop to the 75k$ zone. 🟡
- In the overall altcoin market, the 18% decline in $BTC will be accompanied by declines between 35% and 40%. At this point, we see that the October 10th spikes have expired. 🔴
- To not miss the trades I will make at 75k$, activate notifications and heart supports 😊 🤝
-Green.