Analysis $BTC 12/02/2025
#BTC, MORE OF THE SAME... today we had bad CPI data and that took us a little lower than the gray band on the chart around $95K, but it was pretty quick and practically nothing changed, we are at the same point as the last time we tried to break out of that blue band, so I won't run to the crowd until we have clearly broken that blue region around $98K.
The game remains very predictable here, and although we are seeing both sides getting cut quickly, I still remain SUPER OBLIMISTIC, notice that this time we didn't have as strong a drop as on February 2nd, that was good and gives us the chance to attack $98K once again.
Of course we could still fall from here to the GREEN band, but what would change? NOTHING! We are getting closer and closer to a good bull run, and to be honest I think people confuse the noise made when prices fall with something they should really be worried about.
The difficulty the BEARS have in pushing the price to $90K and holding it there is really surprising and shows that they lose strength every day, unlike the BULLS who have time on their side.
Once again, we are testing the EMA 50 (4), recover it and we will go to $105K very quickly.
We don't need much today, we just need to close the day above $97,300.
THE SAME THOUGHT:
I am very OPTIMISTIC here for the next few weeks.
One important point to mention is that the large SELL orders that dropped to $102K are unlikely to be true, so if we can break above $102K next week or close above $101,300, that will put us at $108K.
$105K soon!
I WILL CONTINUE TO HOLD ALL MY ALTCOINS!
#BTC, MORE OF THE SAME... today we had bad CPI data and that took us a little lower than the gray band on the chart around $95K, but it was pretty quick and practically nothing changed, we are at the same point as the last time we tried to break out of that blue band, so I won't run to the crowd until we have clearly broken that blue region around $98K.
The game remains very predictable here, and although we are seeing both sides getting cut quickly, I still remain SUPER OBLIMISTIC, notice that this time we didn't have as strong a drop as on February 2nd, that was good and gives us the chance to attack $98K once again.
Of course we could still fall from here to the GREEN band, but what would change? NOTHING! We are getting closer and closer to a good bull run, and to be honest I think people confuse the noise made when prices fall with something they should really be worried about.
The difficulty the BEARS have in pushing the price to $90K and holding it there is really surprising and shows that they lose strength every day, unlike the BULLS who have time on their side.
Once again, we are testing the EMA 50 (4), recover it and we will go to $105K very quickly.
We don't need much today, we just need to close the day above $97,300.
THE SAME THOUGHT:
I am very OPTIMISTIC here for the next few weeks.
One important point to mention is that the large SELL orders that dropped to $102K are unlikely to be true, so if we can break above $102K next week or close above $101,300, that will put us at $108K.
$105K soon!
I WILL CONTINUE TO HOLD ALL MY ALTCOINS!
