BTC Plan from now until Christmas for LONG SHORT enthusiasts
Resistance area for Sell: 101,800 - 104,088
Support area for Buy: 98,988 - 94,200
Bitcoin is accumulating in a strong bullish structure, approaching an important resistance area. If broken, the price could create a breakthrough and rise sharply.
On the larger time frame, the "cup and handle" pattern signals positively, indicating that the upward trend continues. After reaching the 100,000 mark, the price has been accumulating at a small low and gradually rising, with MA-50 as strong support.
However, attention should be paid to the Fed meeting on December 17-18, which could cause short-term volatility.
The technical focus is on the price range of 101,800-98,988, with the possibility of testing support before rising. If the price breaks down and accumulates below 94,200, this could be a deep correction.
Wishing everyone effective trading!
#GM🔝Trading📈