$BTC has broken the trendline on the weekly timeframe. At the moment, BTC is still in a recovery wave. In the early hours of 12/11, the Fed will announce its next interest rate decision, and the probability of a rate cut continues to rise. BTC may move up to the Fibo zone (0.382–0.5) before it can continue dropping. This zone is also a major resistance area for BTC
BTCUSDT
Perp
66,614.7
-0.42%