On December 21, sellers had a chance to make a correction. Very quickly, the price of BTC tested the critical range of $22,500-22700.
In the period from 17 to 19 December, buyers fixed the price above this range. Only after a firm consolidation did the price renew its historical high.
Given the importance of this range, we are considering 2 BTC Scenarios.
The first scenario shows that the market continues to consolidate widely in the range of $22,500-24,000. Buyers are gaining strength and preparing to storm $ 27,400. However, to consider the BTC in the long we will find only after fixing above $ 24,000.
The second scenario shows that buyers have lost the trend line and now sellers are preparing for a correction. However, a confident short can only count below $22,500. The first local target is $ 20,700.
So while the price is between the critical points you can view our Global BTC Ideas:


In the period from 17 to 19 December, buyers fixed the price above this range. Only after a firm consolidation did the price renew its historical high.
Given the importance of this range, we are considering 2 BTC Scenarios.
The first scenario shows that the market continues to consolidate widely in the range of $22,500-24,000. Buyers are gaining strength and preparing to storm $ 27,400. However, to consider the BTC in the long we will find only after fixing above $ 24,000.
The second scenario shows that buyers have lost the trend line and now sellers are preparing for a correction. However, a confident short can only count below $22,500. The first local target is $ 20,700.
So while the price is between the critical points you can view our Global BTC Ideas:


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🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
okx.com/join/20PSTRADE
🔥V-I-P cutt.ly/PwkLhT56
👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s
🔵Telegram t.me/pstrade_eng
Похожие публикации
Отказ от ответственности
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.