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🟡 Update BTC 20.12 ➡️The Daily frame closes a bearish spinning top candle with a long candle wick after touching the resistance zone at 43k-43k3, showing that buying pressure has gradually decreased and is being replaced by sellers who want to take profits on BTC before the holidays. ➡️However, before that, BTC created a bullish reversal candle set with a bullish engulfing candle covering the previous red candle body with good buy volume, so at this stage it is still not possible to confirm a complete downtrend. ➡️H4 T-F: BTC is sideways in the price range from 40-43k and BTC Dom is showing signs of going up => if BTC.D continues to increase and breaks the 53.8-54% resistance area, it will be quite difficult for alts

🟡 Update BTC 20.12

➡️The Daily frame closes a bearish spinning top candle with a long candle wick after touching the resistance zone at 43k-43k3, showing that buying pressure has gradually decreased and is being replaced by sellers who want to take profits on BTC before the holidays.

➡️However, before that, BTC created a bullish reversal candle set with a bullish engulfing candle covering the previous red candle body with good buy volume, so at this stage it is still not possible to confirm a complete downtrend.

➡️H4 T-F: BTC is sideways in the price range from 40-43k and BTC Dom is showing signs of going up => if BTC.D continues to increase and breaks the 53.8-54% resistance area, it will be quite difficult for alts

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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