Analysis $BTC 12/13/2024
#BTC, wow... really good, it was exactly in the green range where I expected it to be and it followed the red line I drew perfectly lol so far.
This was the OPTIMISTIC scenario I wanted, of course we still have to break this level, but it was already a good show of strength to get here quickly, we are making a good close (4h).
I think most people get easily distracted by unnecessary noise and panic just because a big account posts a down chart. You should know how to ignore this noise and focus on your plan.
There is not much going on behind the scenes. Spot buyers are leading, but we will still need to see this increasing if we want a clean break at $102K, for now we are still building up strength for this, maybe the Asians will do it.
The BULLS are giving space for the BEARS to exit their positions here in this region, and we can already see large orders going to $105K, which makes the game more interesting, since if those large orders are true, then we can establish some kind of sideways channel here, but before we call for that, we need to see how the Whales will behave above $105K.
I would have liked to have reached this level before we reached the weekend, but it seems to me that we are conditioned to reach important levels always on the weekend, anyway I am very interested in the reaction of the Asian Bulls today, since we had a good NY session. It would be very OPTIMISTIC if the Asian BULLS lead in the first hours.
I expect us to make a new ATH at $105k before Christmas.
* If you have any questions, do not hesitate, go to my INSTA (it is in the fixed image of my profile here), call me and ask your question.
