Is $90k before Monday?
For us to see $90k before Monday, these 2 things must happen in order:
STEP 1 (Defense): The price MUST bounce at (or before) the purple line ($87,287). If your Stop Loss ($87,250) triggers, the chances of seeing $90k this weekend drop drastically because we would enter a larger correction.
STEP 2 (Recapture): Bitcoin needs to rise above $88,100 again (recover the moving averages we just lost). That would be the trigger for the next "pump".
🎲 Probability Estimate
If the support at $87,300 holds: I give it a HIGH probability (60-70%) of attacking the highs again ($89.4k). Reaching $90k will depend on the strength of that breakout.
If it breaks $87,250: The probability drops to nearly zero for the short term, and we would likely look for $86k or $85k first.
My advice:
Don't obsess over $90,000 just yet. Your first goal is to hold the current support and get back to green (above $88,000). Let's take it step by step. 🧗♂️
#BTC #bullish #DecemBull #RallyLoading