$BTC what to expect

let's not forget that the end of the week will be today

the price can drop even lower to the range of 95-94 and close the week below the bottom of the previous week, which is exactly at the level of 94

on the 4-hour chart, the breaker with bottom at 92 and its beginning at 97 are very clearly visible

the price did not complete a symmetrical move up from 97 by an equal distance, which if measured just shows the level of 103.467 - a remarkable level where large wallets closed their longs so quickly and in large volumes that the price made a new high and the press was full of new targets 107-115-120-200 and the level of 500 was mentioned in the US Senate - madness for those who rushed to buy from this level or were still sitting with their bitcoins

the reversal fractal from 92 and the breaker of longs gives some understanding that somewhere at the top not all longs were closed and not all desired shorts were opened for smart money

delivery futures BTCUSD_24122024 will close at 24.12.2024 and at same time will open a new one, so I think next week we should expect delivery prices up for - a farewell kiss

be careful, be safe

#BTCNextMove

#BTCOutlook