#BTC

The week closed at the level of $96,600

The candle looks almost like a classic hammer with a long wick, suggesting the end of the correction.

The quick buy on Friday added optimism to the bulls, and after the close of the trading session in the USA, short liquidity was removed up to $99,500.

People are hoping for a V-shaped reversal, but

by many parameters, this is still not the end of the decline

#Microstrategy has consistently bought the dips, and inflows into #ETF continued for 15 days in a row.

On Thursday and Friday, there were outflows, and they may continue if US stock indices fall.

It is unlikely that Michael Saylor will manage to attract more funds for the purchase of #BTC before Christmas.

In the absence of large buyers, retail cannot absorb a significant volume of supply.

And it is increasing during such corrections.

Therefore, it is more likely that next week will trade below 100,000 $BTC