$BTC updated December 18
Current society: reduced adjustment
➡️D1: forming a series of bearish candlesticks that create a new downtrend and the next peak gradually lowers around 4323x
➡️H4: price runs in the triangle until the end of the pattern gradually narrows and trades below ema34-89
The CME gap around 393 - 403 has not yet been filled. It is possible that if the model breaks above H4, it may find the gap area.
➡️ The expected level of BTC is that from now until the end of the year, it will be somewhere around 39k - 40k which is a nice consolidation area and $BTC will rise again to around 45k, highly likely within the month.
➡️ Analyzing the H4 $BTC frame, the price is reacting right in the 40k trendline area and has a high possibility of hitting 39k -37k
BTC.dom, after creating 2 peaks, has had a downward trend adjusting to the 52.9% area.
#Btc may adjust to the 37k - 38k area (At 40k5 there is slight support)
BTC is currently still in the priority support zone, waiting for a rebound around 4173x. Short or waiting for a confirmed break, then will follow.
Wishing everyone a lucky start to the trading week! 🍀
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