BTC $95,105 is as low as it gets!BTC Analysis (3D) 12/18/2024
It's likely one of these two scenarios for BTC plays out.
Depending on the FOMC it could get invalidated but this is what I'm seeing on the charts at the moment.
• Slow grind to 120-130k
or
• Retrace slightly to about 95K where we almost certainly will get SOME bounce, as that is where the preliminary fib line lies on the DFR as well as an anchored VWAP and it matches with the anchored Volume Profile (Im positive one of the MAs is also in this range).
If this level holds, we will most likely create a new ATH at $120,000+
Thoughts?
