A tunraround to the upside and bullish continuation is not very likely form the current 100k levels. Bidding is very weak still and Bitcoin does not show any strength compared to other assets and markets. A bounce up into the 108k range is possible till mid-week followed by a close around 103k at the end of the week and a selloff starting next week down to 94k and a buy back to 103k till the end of the week. The plan shows the movement till 14th of December.
The year could be closed at around 120k ( best case )
The year could be closed at around 120k ( best case )
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
