EcoByG Bitcoin Daily Analysis #10 — Daily BTC Market UpdateWelcome to My Analysis.
Now, let’s break down today’s Bitcoin structure.
Right now, Bitcoin is doing nothing special and that’s the most important thing to understand.
Price is trapped, momentum is weak, and the market is waiting.
Here’s the simple breakdown."
After that heavy drop, price came down and touched the 80K area and reacted from there.
This shows that buyers were active at those levels, but the move is not strong enough yet to call it the start of a bullish trend.
At the moment, Bitcoin is trading around 90K.
Above price, there is a major resistance around 94K.
As long as price cannot break this level with strength and hold above it, the market is still controlled by sellers.
On the downside, as long as the 83K–80K zone holds, a deep sell-off is not confirmed either.
So price is basically trapped between these two levels — a boring, exhausting range.
The moving averages are still above price and sloping downward,
which means we don’t have a bullish trend yet.
RSI has bounced from the lows, but it’s still below 50 — selling pressure has eased, but buyers are not dominant.
Simple conclusion:
This is not a place for emotional longs.
It’s also not a place for aggressive shorts.
The market is breathing and building liquidity before making its next decision.
Either:
94K breaks → we can talk about a bullish recovery
or:
83K breaks → the bearish scenario activates
Until then, every move is just noise.
Remember:
In these phases, making money is for professionals, but losing money is for impatient traders.
so maybe it’s better to relax and get ready for Christmas. 🎄
⚠️ Risk Alert ⚠️
Futures are not beginner-friendly. These triggers require solid experience.
Before using them, study risk management and practice with the learning content here.
