Wizz7

$BTC is breaking the trendline.
If price holds above this zone, we can expect upside continuation.
If it gets rejected, be ready for another move toward the 84k–85k area.

LATEST: Gold price hits $4500.
🇺🇸 Peter Schiff warns of a major U.S. economic crash.
It’s not often that gold rises over $100 in a single day
Do not overlook the significance of this warning and what it portends for the U.S. economy.

Another attempt, Another rejection.
$BTC still respecting the descending resistance.

One thing I am watching closely right now is $ETH inflows.
Not explosive, not aggressive, just steady and patient.
That is often how long term confidence rebuilds in the background.

🇺🇸 The US Fed just started buying 40 billion dollars in T-bills today
This means fresh money is entering the market.
When the Fed adds liquidity, things usually get a bit easier for markets.
Nothing huge yet, but it could be an important early sign.
Worth keeping an eye on.

Historically, every red November has been followed by a red December.
2018 is the only year with red Q4.
What do you think ?
👍 Rate cut will turn December into Green.
👎 December will red too.

November marks a three-year low for Bitcoin’s monthly performance
$BTC is recording its weakest November in years, with the month showing significantly negative dynamics.

Stablecoin activity is slowing across the market.
🔜On-chain volume has dropped for all major stablecoins.
🔜The decline signals reduced trading and lower liquidity flows.

Bitcoin dominance MACD bearish cross is playing out.
Got rejected from a multi-year uptrend.
Weekly close below 50W.EMA
I think if BTC holds $92K level, we could see alts outperformance.

$BTC last 2 bottoms happened at 0.706 Fibonacci level.
Right now, it's sitting around $90,000 which will also fill the CME gap.
I think Bitcoin could see a local bottom around $90,000 and then a pump above $100,000.

$BTC weekly RSI is at the bottom of its support zone.
If this level is lost, things will get worse for Bitcoin.
Keep an eye.

I think $BTC is going to trade sideways between $90K-$110K for some time.
And during that period, most people will leave as they'll get liquidated trading it.
Remember, bottom formation takes time.

$BTC might make another low now.
There's a CME gap around the $92,000 level and I wouldn't be surprised if Bitcoin goes there.
Also, I think BTC will have some strong bids around that level and will result in a V-shape recovery.

Coinbase Bitcoin premium has been recovering.
This is a good sign and shows that selling pressure from institutions are going down.
I still want this ti flip positive, if BTC wants to see a sustained rally.