97k $ - bitcoin analisi 01.12.24 ☃️

Good morning!

• Bitcoin Update ÀM *
  The price trend of these last few days confirms the intuition we had at the beginning of the week with the price marking its minimum period at the close of the weekly cycle
  (2) and a change in the structure of the 2-3 day sub-cycle (1 - 2).
  A cycle that has been accompanying the rhythm of this weekly throughout the week. With the minimum of tonight (95,827) and the push of these first hours of the day, the new 2-day cycle has begun that should accompany BTC to close this last weekly of the monthly. So far the dynamics are confirming a medium (monthly) bullish setting without smudges. A retracement (2) that has so far 'stopped' at 25% indicating a muscular and decisive superior force. All this continues to leave me doubtful but I prefer to put feelings aside and follow the numbers, keeping the alert high.
  The trendline that until Monday was a dynamic support, then became resistance, is moving away and now passes into the max area at
  100k (3). A level that if reached in the next 2 days would bring back the FOMO, which has now returned.
  The post from yesterday evening, where I shared the tweet, indicates clear strength. Despite the high profit taking, the high demand is able to drain sales. And this is a clear sign of health.
  Have a good Sunday

Best regards

Angelux-kk 👼