In December, the Bitcoin price fell rapidly, but renowned analyst Michaël van de Poppe has clearly stated that this decline is just a traditional reset within a larger bullish formation.
📉 Although it faced resistance at crucial levels, the overall trend has not broken.
🧠 Algorithmic trading flows can reset, often triggering short squeezes.
💧 In October, after a significant washout by market makers, liquidity is thin, allowing even minor sellers to push prices down immediately.
📊 As confirmed by TradingView data—
Bitcoin has pierced the precisely defined resistance zone multiple times, leading to a liquidity sweep after retracing.
However, 🛡️ buyers quickly entered to purchase, preventing further declines.
$BTC 📅 According to the analyst, the next 1–2 weeks are extremely important—
If Bitcoin retests the resistance and can break above it, 🚀 the uptrend can accelerate more rapidly.
✨ In summary—
📉 This sharp drop is not a weakness.
🔥 The largest movements preparing to break out are just a reset! 🚀
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