$$$$$ DEALERBTC SPECIAL: $BTC #BTC #BITCOIN Ya Believe in Santa?
Let me hit you with the DEALERBTC Christmas special. Dealer been smoking some good stuff lately, so l'm going to serve you some next level alpha.
In my opinion - as I've said before - December 23, 2023 is a very significant date for the price action of Bitcoin. I believe if the price is able to continue climbing up the the green trend line that it is currently sitting on until December 23, 2023 (tomorrow), there is a good probability that it will challenge the current monthly resistance @ $44,700. If it is able to make a violent push above, I believe that price will likely continue to the region between $51,300 and $52,000.
However, if price does retest the region between $44610 and $44692 and experiences a violent rejection, it may continue lower to local support at $40,222, $37,500, or lower. The two trend lines crossed in an upside down V or X may act as confluence.
This trade idea is not financial advice. I am not a financial advisor of any kind. I am a stupid degenerate gambler. Please do your own analysis, responsibly manage your risk, and stay safe.
Thanks for hitting the like button.
In my opinion - as I've said before - December 23, 2023 is a very significant date for the price action of Bitcoin. I believe if the price is able to continue climbing up the the green trend line that it is currently sitting on until December 23, 2023 (tomorrow), there is a good probability that it will challenge the current monthly resistance @ $44,700. If it is able to make a violent push above, I believe that price will likely continue to the region between $51,300 and $52,000.
However, if price does retest the region between $44610 and $44692 and experiences a violent rejection, it may continue lower to local support at $40,222, $37,500, or lower. The two trend lines crossed in an upside down V or X may act as confluence.
This trade idea is not financial advice. I am not a financial advisor of any kind. I am a stupid degenerate gambler. Please do your own analysis, responsibly manage your risk, and stay safe.
Thanks for hitting the like button.
Do you like my analysis? Do you want to stop paying for stop losses and make money? Come trade with me in my private Discord group with this link discord.gg/q5Q7GzVD3h - Send me a DM to start.