📈Resistance Levels

R4: $107,000$107,000

R3: $100,000$100,000

R2: $97,149 (EMA20)$97,149

R1: $93,400$93,400

📉Support Levels

S1: $84,000$84,000

S2: $75,000$75,000

S3: $74,000$74,000

💡Key Insights

• Trading Range: Bitcoin is trapped between $85,000 - $90,000

• Critical Resistance: Must break $97,149 (EMA20) for bullish reversal

• Key Support: $84,000 must hold to avoid deeper correction

• Major Event: $23.7B options expired today - could trigger volatility

• Trend: Currently in downtrend channel, RSI at 42.99 (neutral)

🚀 Bullish Scenario

Break above $97,149 → Target $100K → $107K

Bearish Scenario

Break below $84K → Target $75K → $74K

Last Updated: December 26, 2024 |