#BTCNextMove
Bitcoin Bullets® Market Analysis
December 21, 2024
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⚪️TECHNICAL (4H)
BTC is currently retesting below the descending channel, a critical juncture for market direction. A successful retest at this level would confirm bearish momentum, signaling potential continuation to the downside. Conversely, a candle close back inside the channel could indicate a bullish reversal, suggesting renewed upward pressure.
Traders should closely monitor price action and volume at these levels to assess confirmation and align their strategies accordingly. The coming sessions will be pivotal in determining BTC's short-term trajectory.
⚪️WRAP-UP (VIP)
[VIP CONTENT]
$BTC DAILY RANGE:
📈Upper Limit: [VIP CONTENT]
📉Lower Limit: [VIP CONTENT]
(+-10% based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
[VIP CONTENT]
🔴SHORT
[VIP CONTENT]
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Bitcoin Bullets® Trading