#Bitcoin – What's Next? Sunday's Key Report: Everything You Need to Know: 🚩 Technical Analysis/Life Cycle Analysis/Psychological Analysis: Today, Bitcoin closed below its 50-day moving average for the third consecutive week, a golden line that has supported the market since the start of the 2023 bull market. The break below the 50-day moving average confirms the start of the bear market we are currently in. Furthermore, as discussed previously, the death cross that appeared two weeks ago has also been confirmed. Despite weeks of selling pressure, the market remains healthy in terms of positioning: long and short positions are perfectly balanced, which explains the sideways movement we are currently seeing. So, let's start with the first question: Why is this sideways movement so important? To accumulate significant downside liquidity, market makers must allow prices to trade sideways for a period, or even artificially push the market up to stimulate more bullish sentiment, thereby inducing long positions to take profits again. This allows the market to stabilize, inducing traders to take profits and accumulating liquidity below the current price level. Only when liquidity accumulates to a certain level will market makers trigger the next round of declines. Do we currently have enough downside liquidity? I don't think so. Not enough right now. I believe the liquidity below is insufficient to support another significant drop. Therefore, I expect the price to consolidate between the current price and the 50-day moving average (around $100,000) in the coming days and weeks. The two areas with the strongest liquidity in the short term are around $97,000 and $107,000. Interestingly, the 50-day moving average is also around $100,000, meaning the price is very likely to retest the 50-day moving average, as we haven't seen any pullback since it last broke below it. A significant drop is planned, but it has to happen step by step, and the necessary liquidity isn't in place yet. So, for now, a dull consolidation phase is expected, with a target price between $70,000 and $75,000 in early 2026. Again, this type of movement takes time, and that's where most people fail to understand. It's not just "a drop followed by a bounce"; a significant drop is also possible. What follows is a long period of consolidation, followed by a false bounce, and then continued declines. Keep this in mind. I'm maintaining all my short positions in the $115,000 to $125,000 range and holding 100% cash, with no interest in "buying the dip" at these levels. However, I would establish a few short positions in the $105,000 to $107,000 range if the market allows. Currently, most of the liquidation is happening around $97,000, and I think it's still possible to reach that level in the coming days and weeks, which is a good thing. Market makers understand that Bitcoin will be even lower in six months, so they need to put pressure on later shorts, liquidating their positions and clearing the way for a deeper drop. Hopefully, my explanation is clear. Now that my first target price of $90,000 has been reached, I expect a period of consolidation. I don't think there will be a strong drop in the next few days. Instead, the market will likely seek liquidity, build liquidity below, and prepare for the next round of declines, which will take some time, most likely in early 2026. As for the calendar: there are no major events at the moment. This is a relatively calm phase. The first event to watch is the Federal Open Market Committee (FOMC) meeting on December 10th. ⚠️ Reminder: Today is the last day of the Black Friday discount for premium members. The price is $39 instead of $59, representing a 34% discount! If you lock in the $39 plan, you will only pay $39 even if the official price increases later. New members after Black Friday will pay the full price of $59. How to join: 🔗 Contact us via Telegram: Or: Visit our website
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