Red November, Red December? ๐ค๐
Historically, Bitcoin tends to mirror its November trend into December, but this year the price action is breaking the pattern. So far, December is only down -0.64%, which is relatively mild compared to previous red months โ and that small dip could actually set the stage for a bounce. ๐
Hereโs what stands out:
Selling pressure has slowed down significantly
Liquidity pockets are forming below current levels, hinting at a possible sweep before upward momentum returns
Macro data and ETF flows in the coming days could act as catalysts
BTC has a history of late-December reversals, especially during pre-halving cycles
So while the month started soft, the market structure still supports the possibility of a rebound if buyers step back in. ๐๐ฅ
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