#ShareYourThoughtOnBTC #MarketDownturn #BitcoinStrategy #bitcoin #btc

Hello! Continuation of my bitcoin analysis.

1. Slight retracement (<span since 11/25, the main cause of which is the massive sale of Holders and not whales or institutions.

2. The imbalance of November 20-22 has given way and unless there is a surprise, it will not be reinstated today

3. Presentiment: continuation of the retracement towards the next daily imbalance which coincides with a weekly imbalance at 86-82k

4. Pending order volume at $85k

5. Retesting imbalances is normal, the market does not like gaps. It is healthy to possibly restore momentum (the higher we go, the more longs are closed in TP)

Conclusions:

- short term bearish (retracement)

- medium term bullish ($110k+)

Be careful, the bull run would be invalid for me if BTC fell into the Fibonacci reload zone, around $70k to $50k.