๐จ Bitcoinโs 'Shooting Star' Alert at All-Time Highs! $BTC ๐๐ธ
Bitcoin's wild December has set the crypto world abuzz! ๐ The king of crypto hit an all-time high above $108,000 ๐ but wrapped up the month below $94,000 ๐โits first monthly dip since August. The culprit? A classic "shooting star" candlestick pattern, signaling potential bearish vibes. ๐
This pattern reveals a tug-of-war between buyers and sellers, where bulls initially pushed prices sky-high before bears took over, hinting at a possible reversal. ๐โก๏ธ๐ป
๐ Key Level to Watch: Analysts highlight $91,186 as the critical December low. A break below this could shake bullish confidence. ๐ก๏ธ
Adding fuel to the caution are hawkish Fed policies ๐ฆ and a stronger U.S. dollar ๐ช. Yet, some traders remain hopeful for 2025, predicting a rebound ๐ if the Fed eases its stance later this quarter. ๐
๐ฌ Whatโs your take on Bitcoinโs next move? Are you staying bullish or playing it safe? ๐ค๐