Is $BTC taking a break or preparing for a dip? 📉
Is $BTC taking a break or preparing for a dip? 📉
Hi community! Today, December 18, we see Bitcoin moving sideways in the $86,000 - $87,500 range. After the recent rally, the market seems to be in a "fatigue" or consolidation phase.
Here are the key levels to watch today:
1️⃣ Critical Support: $85,200 is the must-hold level. Closing below this could trigger more selling pressure.
2️⃣ Resistance to Break: We need to reclaim $88,200 to regain bullish momentum and aim for new highs.
3️⃣ Institutional Data: ETFs saw over $450M in inflows yesterday, showing that "big money" is still accumulating at these prices.
My Take: We are in a lateral accumulation phase. No need to panic, but patience is key before the year-end. 🎄
What’s your move today?
Buying the dip 🚀
Waiting for lower prices ⏳
Let me know in the comments! 👇
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