I am STILL BULLISH on BTC LONG term BUT for the short term and traders there is definetly potential to short the market for large gains over short time frames be from correction or gathered momentum or lack of.
I think resistance is being faced now at $43.5k with a possible low end support at $38k.
If the reversal does not occur we could see the price shoot up to 48k over night.
None the less THIS IS NOT FINANCIAL ADVICE.
Also I don't want BTC to drop but cycles and corrections are normal and volatility is high right now especially coming up to Christmas and New years when all other Stocks and markets are closed for the holiday season crypto remain open!
I think resistance is being faced now at $43.5k with a possible low end support at $38k.
If the reversal does not occur we could see the price shoot up to 48k over night.
None the less THIS IS NOT FINANCIAL ADVICE.
Also I don't want BTC to drop but cycles and corrections are normal and volatility is high right now especially coming up to Christmas and New years when all other Stocks and markets are closed for the holiday season crypto remain open!
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