#$BTC next major level Of Support at 88.5k If that looses, | Idioteh_ on Binance Square

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#$BTC next major level Of Support at 88.5k 
If that looses, then we can experience  heavy bleeding  🩸 across the board 

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#MarketRebound $BTC can we see a real rebound in $BTC and if so what kind

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#ChristmasMarketAnalysis 🌐#$BTC Update: Wave-X Ends, Bull Market Begins! 🔍 Key Highlights: Wave-X Completed: The velocity and size of Bitcoin's recent rally confirm Wave-X is over. 1-2 Year Bull Market: A powerful bull market has begun, expected to approach $150,000 or more. ✨Wave-B Formation: ➡️Currently unfolding, possibly as an expanding triangle. ➡️Anticipated to conclude in the next few weeks. Next Move: Following Wave-B's completion, a large upside move is expected into new all-time highs. ✨Monthly Chart Target: Bitcoin likely to surpass $150,000 later this year, with potential for even higher levels. 💡 What to Watch For: ➡️Wave-B’s design and its conclusion. ➡️Momentum in price action signaling the next explosive move. 💸 The Bitcoin Bull Run is here! Stay prepared and seize the opportunity!

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#$BTC • Range of 93k-91k currently provides strong support for Bitcoin, with the price rebounding each time it reaches this level. • Repeated tests of this support zone may weaken it; however, as long as it holds, we anticipate a price increase to the 101k-104k range and beyond. • If this support level fail, #$BTC could decline to the 86k-85k range.

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Times like these are why a lot of people praise the spot & "chill" mentality/approach. #$BTC is still having a good Q4 so far and is simply giving back some of its post election gains. Obviously, a lot of alts have done worse, but some have done better. It's why I also prefer to have my base portfolio consist of mostly #$BTC & #$ETH and have alts on the side. If you've been trading this on leverage its likely you've taken a larger hit. If you're emotional about the loss, this is not the time to revenge trade it back. That's where a lot of people go bust during these corrections. Generally you want to let the market calm down and form some kind of consolidation or range after which you can re-assess. There will be plenty of opportunities out there, no need to make it all at this very moment.

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✅ Today,#BTC fell below $96,000, building on Wednesday's market-wide selloff spurred by Federal Reserve Chairman disappointing investors with his comments on expectations for U.S. interest rate cuts next year 🇺🇸 Daily Digest: 🔸 Fake Satoshi Craig Wright was given a one-year suspended sentence for contempt of court 👮 🔸 Investors filed a lawsuit against several entities involved in the launch of the Hawk Tuah memecoin 🔸 10% of #ETH validators are signaling support for raising the gas limit which could result in up to 33% reduction in transaction fees 🪙 🔸 Mo Shaikh, co-founder of Aptos Labs, announced that he's stepping down as CEO 🔸 Senator Lummis says Bitcoin “will continue to grow, where the US Dollar will continue to decline in value" 🔸 Hut 8, one of North America’s largest Bitcoin miners, has announced a $100 million purchase of Bitcoin 🔹 Prices: 🥇 #BTC - $97,193 (↓3.2%) ✨ #ETH - $3,411 (↓6.1%) 🧪 S&P 500 - 5,867 (↓0.09%) 🕗 DXY - 108.48 (↑0.07%) 🌉 Gold - 2,597 (↑0.11%)

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