Experts referencing data from Glassnode note that a very strong support level in BTC is in the range of $98,000 - $95,000 (a lot of BTC has been traded there).
Breaking this range and establishing BTC below it, in the absence of sudden strong bullish drivers, could lead to a rapid and sharp decline (through a vacuum zone) straight down to $70,000 and a hellish margin call on your long position just before the New Year — some experts believe.
I'm sure with this news you weren't able to make a profit. On my parallel channel, I explain how to work with news, make money from retro drops, and earn through arbitrage, so if you don't want to end up at the end of the bull market in tattered pants, then Pavel Durov will tell you where to find me 😏
Max_pro_crypto