#ChristmasMarketAnalysis

Bitcoin's Rally Loses Steam: A Reversal Pattern Takes Shape

● Bitcoin reached a record high of approximately $109,390, driven by strong bullish momentum.
● However, the rally was short-lived as intense selling pressure kicked in, triggering a rapid decline to $92,500 and erasing some of the recent gains.
● The frequent price fluctuations are likely to form a Head & Shoulder pattern, a bearish pattern that indicates a potential trend reversal and further downside.
● A sharp decline is expected if Bitcoin breaches below $91,500.

#BTC #btc500k2025 #Write2Earn #BTCNextMove #ChristmasMarketAnalysis

Bitcoin Breaks Resistance: On Track to Reach $120,000 by the End of December 2024

My predictions are coming true! In my analysis on November 20, 2024, I predicted that the days from December 10 to 17 would be golden. And here we are on December 16, 2024, witnessing Bitcoin break through a resistance that lasted for 10 days at $103,000, now moving towards $105,000. Yes, we are definitely on our way to $120,000 before the end of December 2024. It will truly be an exciting and happy end to 2024.

https://app.binance.com/uni-qr/cart/17427302441201?r=55463734&l=en&uco=sx5ODoBvoMxGX3rkrLt9-Q&uc=app_square_share_link&us=copylink
#BTC☀ #bitcoin☀️ #btc120k2024 #btc500k2025 #Btctopcrypto