Weekly support, holding for another test.
No upside wick on the weekly candle yet - time for that to change.
#Bitcoin

#Bitcoin made a higher low - $85,000 confirmed as support.
The monthly & weekly highs were both made in the first minute of the month, which almost always means the high isn't in.
Red Monday, green week - very much on the menu.

Don't let a big red number distract you from the fact that - as things stand - BTC is making a higher low here.
👀

Rather sizable hourly divergence, with the high of both the month and week printed in the first minute of the month.
Pretty sure we revisit $92,000 soon.
Red Monday, green week?
#Bitcoin

#Bitcoin continues to hold the key support.
So long as this holds, there's hope for a continued bull market.
Lose it - and it's over until Oct-Nov 2026.
Decision time.

Lock in a higher low here over the next few days and we might get a little #Bitcoin Santa Relief Rally.
Fingers crossed.

China is banning crypto for the five millionth time.
Time really is a flat circle.

#Bitcoin did exactly what we hoped it wouldn't do - reject from the first resistance area it ran into.
Monthly high made in the first minute of the month - which means incredibly high odds we trade above $90.3k before EOY.
Higher low here and push for a reclaim again?

Interesting how December started and we immediately nuke 5%
Either we're getting in the low of the month in early - or it's a taste of what's to come.
Either way, I doubt the high of this month is in - you generally don't open a month like this and never revisit it.
#Bitcoin

#Bitcoin is still chopping around into the resistance zone - as we head into the weekend.
Rejecting at the first level of resistance would be bad news, so best scenario would be to chop some more over the next few days, and we can try to push for a $93,000 reclaim next week.
👋

#Bitcoin is consolidating below the $91-93k resistance level - and holding well.
Short-term trend remains up, going to be interesting to see what today brings.
US markets will reopen for a couple hours only today (9:30AM-1PM EST) - would be great if we can push through the resistance in that timeframe.

#Bitcoin CME
This'd be a solid buy if it were a stock chart.
Wouldn't be surprised if boomers view it as such as well.

This correction has been the deepest & steepest this cycle, correcting over 36% in just six weeks.
After a bunch of slow-bleed corrections, I think almost everyone was caught of guard by the selloff.
Either way, structure remains intact. Just another bull market dip for $BTC?

#Bitcoin stalling after tagging the key resistance.
Bulls need to step in again soon to ensure this turns into a higher low at worst, because if we start rolling over again, I doubt price is able to hold $84,000 once more.
🤞🏼

#Bitcoin's daily MACD has crossed bullish - right at key resistance.
Time to see if this bounce has any legs, can it reclaim $93,000?

#Bitcoin bounced from the lower end of the Gaussian band, and now pushes back into the midline.
Lots of resistance to overcome from here, but reclaiming that midlevel would be a good start. 🤞🏼