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If we are going to rally into Christmas,
$BTC
needs to form its pivot low this Tuesday.
Either during London/NY.
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0
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$BTC Bitcoin has 8 days left to close the yearly candle in green. If it fails, it would mark the first time in 14 years that the third bull market year has closed red signaling a shift in the long standing market algorithm.
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$BTC If BTC can hold above the 86K–87K range, a move back above 90K becomes very likely, possibly higher. It seems MMs and larger players are conditioning participants to get comfortable shorting above 90K. They are building liquidity to be taken. In due time.
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