Cryptricks

#REVIEW BITCOIN GLOBAL

First of all, I hope you are okay after this rapid correction! Every bull market there's a series of fast pullbacks that liquidate overleveraged traders.

What to do now? Chill for some days, wait for the dump to end. Knifecatching is super risky, as no one really knows where this correction ends. It might be now, it might be $90k, it might be $77k CME gap closure, the difference is huge!

I think that $BTC may easily go back to $85k level, this was the last support before the pump to 6 digits. A healthy range around $90k would be great for the market!

No positions just yet, no need to accidentally lose money during corrections. Better use your money during green market!$BTC $ETH #BTCNextMove #

#BTC Next support 88k

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The weekly chart of #ETH looks good. With a nice long green candle right after the weekly close, it is still aiming to reach the $3k target.

Can ETH reach $3000 before the weekly close, or will it turn out to be a long upper shadow? Time will tell.

Note: #ETH must stay above $2500 when the weekly close takes place.
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💥💥Bitcoin Price Prediction💥💥

Bitcoin‘s technical analysis as of December 16 shows it navigating around a pivotal $43,400. Facing resistances at $44,715, $46,000, and $47,250, Bitcoin also has supports at $41,695 and lower.

Its RSI at 74 suggests an overbought scenario, yet its position above the 50-Day EMA of $42,315 leans towards a short-term bullish trend.

A key factor is the 38.2% Fibonacci retracement at $41,650; falling below this could lead to further supports around $40,600.

Overall, Bitcoin maintains a cautious bullish stance above $43,400, with potential resistance tests ahead influenced by broader market dynamics.

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