I agree 95%, the only thing is that I think that if BTC can sniff 89,000, it will mean that it will go all the way to 82,000, taking into account the panickers who bought it at 99,000 and the longs

Looking at #BTC 4h

It's very boring with Bitcoin; after filling in the two imbalances I highlighted in the previous post, we've entered a narrow range where nothing interesting is happening.

Before the New Year, we can often observe such a picture, so there's no need to worry, we just need to wait for the holidays to end and for volatility to return.

It's currently hard to predict whether we will start rising from the current values after filling in the imbalances or if we will go for liquidity removal down to 90000 - 89000, so personally, I am not opening new positions right now and holding all that I have accumulated, ready to add to my position if we do see another squeeze downward with Bitcoin.

From the current values, the likelihood of seeing another downward movement is high, but it seems to me that even if we do see a slight decline, the area of 90 - 89000 will become the final point for our correction and there we will again see a continuation of the rise above 100000.