ChatGPT has said:
📉 #BTC Market Outlook – Morning Update (Dec 2)
BTC is currently in a recovery move after yesterday’s dip on the 15m–1h timeframes, targeting the 87k–88k zone. Liquidity and buying volume start to weaken in this area.
4H timeframe: This phase is crucial for trend formation.
If the recovery wave tops below 90k, the bearish trend remains dominant and BTC may continue forming new lows.
Daily timeframe: Still bearish. BTC is in a strong downtrend aiming toward the 7x zone if no solid buying pressure appears.
My scenario: BTC may range between 85x–87x to pull RSI upward before continuing the downtrend on the daily chart.
Strategy: Prioritize range trading (1–1.3%), entering at the upper or lower boundaries when RSI reaches overbought/oversold levels. Avoid FOMO breakouts as fake breakouts are likely.
If you'd like a shorter version or a video script format, I can refine it further!$BTC
