Hello everyone, today I want to share my analysis of market direction for coming days in particular and #December2024 in general.
Here are some Key aspects to bear in Mind while deciding to invest, trade or Hold.
1: Given Parabolic rise of $BTC and overall market for almost 2 months we can finally see signs of over heating in the market.
2: US govt transfer and move of $BTC worth over $ 2billion, that can significantly impact market.
3: Given the fact the Greed and Fear Index remains at peak index of 86 for weeks now speak volumes.
All these shreds of Info is not to create panic , as market is still in healthy phase, but what actually is possible is anytime this month significantl profit taking can happen which will take market down to at least 70 or 60 mark.
my advise is to wait for a healthy pull back incase of any new investment.
