🚨 BITCOIN BEARS ARE GAINING CONTROL! 🐻
Bitcoin has experienced a fakeout and subsequently broken below a key support level. Price is now consolidating sideways around this critical zone.
📉 Resistance is getting stronger, making recovery increasingly challenging.
⚠️ A short-term liquidity hunt could occur before sellers step back in, potentially triggering another downward move.
Key things to watch: 🔴 Strong resistance overhead 📊 Sideways price consolidation 💧 Potential liquidity sweep 🐻 Risk of further downside
The next move could be crucial for Bitcoin's short-term direction.
Stay alert.
#JobsReportRaisesHikeOdds
#CPITestsDecemberRateOutlook $BTC $ETH
Bitcoin has experienced a fakeout and subsequently broken below a key support level. Price is now consolidating sideways around this critical zone.
📉 Resistance is getting stronger, making recovery increasingly challenging.
⚠️ A short-term liquidity hunt could occur before sellers step back in, potentially triggering another downward move.
Key things to watch: 🔴 Strong resistance overhead 📊 Sideways price consolidation 💧 Potential liquidity sweep 🐻 Risk of further downside
The next move could be crucial for Bitcoin's short-term direction.
Stay alert.
#JobsReportRaisesHikeOdds
#CPITestsDecemberRateOutlook $BTC $ETH
