Musa-xyz-512

Current Trend: $BTC Bitcoin is currently trading within a defined horizontal range. The market recently swept lower-side liquidity and has begun an upward movement, potentially heading toward the top of the current range.
‎Key Levels:
‎ Resistance: Bitcoin is facing a resistance area where it may struggle due to previous high supply.
Strategy: Until the range is clearly broken and retested, the recommended approach is range trading: buying at the bottom and selling at the top.
Immediate Outlook: Watch for the New York sessions (starting around 6:00 PM PKT), as increased trader activity could lead to higher volatility. There is a potential for a short position near current resistance with a tight stop-loss and a 1:4 risk-to-reward ratio.
Monthly Context: While October and November were bearish, the **December candle** is currently forming a Doji, leaving the month’s final direction uncertain with about nine days remaining.
Year-End Caution: As the year closes, the market becomes highly volatile because many institutional traders and banks go on holiday. It is advised to minimize open trades, use strict stop-losses, or even stay on the sidelines until the new year when full market liquidity returns.
‎Pro Tip: Base your trades on **market facts and planning** rather than emotions or "gut feelings". Always perform your own due diligence before executing a trade.
‎Analogy for Better Understanding:
Think of $BTC Bitcoin right now as a ball bouncing between a floor and a ceiling in a room. Until the ball actually breaks through the roof or cracks through the floor, the most predictable strategy is to play the bounces between those two levels. However, because it's "late at night" (the year-end holidays), there are fewer players on the court, making the ball’s movements more erratic and unpredictable.