🔥 Will BTC Hold Above $90K?
BTC’s rebound caught a lot of traders off-guard. Many called it a short-squeeze that would fade over the weekend… and they were wrong.
BTC held strong on Sunday and carried momentum into today.
📌 Technical Outlook (Daily Chart)
Bullish: BTC holds above the 21-day MA → $95K remains in sight.
Bearish: A breakdown below the MA opens a move toward $84K psychological support.
R:R ≈ 0.4 → Don't FOMO. Wait for confirmation, not emotion.
📌 Macro Events This Month That Actually Matter
Dec 10 — Fed rate decision (91% chance of a cut)
Dec 16 — US Jobs Report
Dec 18 — CPI (Inflation)
Dec 19 — Bank of Japan (81% chance of rate hike)
Remember: BTC dipped earlier this month when Japan’s 10-yr bond demand spiked.
📌 Market Sentiment
Fear is easing: Nov 20: 11 (Extreme Fear) → Today: ~28 (Fear)
📌 My Stance
I’m still bullish. This is exactly the phase where smart money buys while retail gets scared out.
When influencers scream doom, they’re entering 😂. Then when BTC pumps, they’ll tell you to buy. Don’t fall for the cycle.
📌 Actionable Takeaway
Watch 21-day MA for your trigger.
Plan entries based on your risk tolerance and TP levels.
If BTC holds the line, $95K is realistic. If it doesn’t, prepare for the $84K reload zone.
📣 Your Turn
Do you think BTC sustains this rebound or collapses back into a short-squeeze zone?
Drop your thoughts below. I read every comment.
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