Don't Be Fooled by the Rebound! Bitcoin Could Retest Lows at Any Moment | Exclusive Analysis
**Bitcoin Weekly Analysis: Beware of a Potential Secondary Pullback**
Last week, Bitcoin experienced significant volatility, forming a weekly doji candle with a slight gain of 0.03% and a wide 12.36% range. The price action perfectly validated the pre-defined key level of $89,000. Our analyst successfully executed two short-term trades based on this framework, resulting in a total gain of 6.93%.
**Technical Outlook:**
The weekly chart indicates Bitcoin is on the verge of entering a bear market, with momentum indicators pointing south. The daily chart shows a weakening bullish rebound within a broader bearish structure.
**Price Projections for the Week (Dec 8-14):**
The market is expected to remain range-bound. Key resistance levels are identified at $91,000, $94,000-$96,500, and $98,500-$100,000. Crucial support zones lie at $85,500-$87,500, $83,500, and around $80,000.
**Trading Strategy:**
A core medium-term short position (65% allocation) is maintained. For short-term swings (30% allocation), two scenarios are outlined:
* **Scenario A (Rebound & Short):** Sell into strength if the price rallies to the $91,000-$94,200 or $98,500 resistance zones, with a stop-loss above $100,000.
* **Scenario B (Dip & Buy):** Buy a potential bounce if the price drops to the $83,500-$80,000 support area, with a stop-loss below $80,000.
**Macro Focus: The Fed's "Super Week":**
This week's price action is heavily dependent on the Federal Reserve's policy decision. While a December rate cut is widely expected, the crucial factor for Bitcoin and risk assets will be the Fed's "dot plot" guidance for 2025 rate cuts. A hawkish dot plot (signaling fewer cuts) could trigger a pullback toward $85,000. A dovish signal (more cuts anticipated) could fuel a rebound above $90,000. Chairman Powell's commentary will be key to short-term volatility.
marsbit2 ч. назад
