BTC H1 31/12

The price is moving correctly in a technical rebound within the range, the selling pressure is not too strong but also not strong enough to break upwards. It is likely that BTC will need a slight shakeout before continuing to rise.

Expectations for today:

Long :

BTC slightly adjusts to the 88k1 zone to absorb the remaining supply and gather liquidity below.

Short :

After maintaining 88k1, the expectation is that the price will bounce back to the 89k5 – 90k zone.

The sw zone may last through the New Year.