Quick #BTC View – Morning 23/12
BTC is hovering around 88.6k, continuing to follow the liquidity sweep scenario toward the 90x zone, then potentially pulling back to retest the 80k area, as shared during last night’s live session.
Daily timeframe: BTC closed another bearish candle, remaining within a downtrend structure.
4H timeframe: the trend is still bullish, but at a critical decision zone.
15m & 1H timeframes: if price comes back to retest the 88k (purple zone) once again, this move will be very important:
Bounce → the 4H uptrend is preserved, with a recovery target around 89.7k.
Breakdown → the uptrend fails across multiple timeframes, opening the path toward 86x.
BTC Dominance shows signs of declining, suggesting altcoins may drop less and recover better on the 4H timeframe.
👉 Position update: the BTC short position remains active.
Two rounds have already secured 30% profit around 87.9k.
If you haven’t taken partial profits yet, consider locking in a portion near 87.9k and holding the rest for deeper targets.
$BTC
