#BitcoinUpdate 🚀
- BTC is at a crossroads as support levels thin out, potentially leading to a sharp decline.
- The "bearish engulfing" pattern is causing concern among traders, but long-term buying opportunities are emerging.
- A drop back to the previous high of $74k is predicted, but there is also a possibility of a rebound after a few weeks.
- December 26th is usually a strong day for the S&P 500, will BTC rebound?
- The crypto market faces challenges during the holidays, with low liquidity potentially causing volatility.
- DCA is a sensible strategy when BTC is at $95k, helping to mitigate risks from price fluctuations.
What do you think about the upcoming BTC trend? Share your thoughts! 💬