Bitcoin is approaching a 68k Crucial Resistance level.
- If the Bulls successfully reclaim this area and Broadening Wedge breaks to the upside, Bitcoin could Potentially reach the 88–90k by the end of December.
- In the Worst case, if the bulls fail to clear the Resistance level or if there’s a fakeout from the Broadening Wedge, Bitcoin might revisit the $57k support zone. $BTC
The altcoins index keeps making new highs and is about to give the second bullish confirmation. Also, BTC seems to be consolidating above the $65k key level.
And one of the RWA low caps I've been accumulating over the past few weeks is RIO. Currently at $68M market cap (CMC data is not accurate with this one).
It has very solid fundamentals and has maintained a strong HTF bullish trend since 2023.
The market bounced exactly from that point, and BTC front-ran $65k again. It’s the second time this has happened, so the next attempt could be the decisive one. When price consolidates below a key level, it often increases the likelihood of a strong breakout afterwards.