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Just a reminder: when USDT Dominance goes DOWN 🔽 market will beeld & go UP 🔼
Repost from TgId: 1706844988
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🪙BTC $86.5K & $89K are the short term levels to watch with some decent liquidity clusters.
Price did already take and sweep the local liquidity below yesterday, so that $89K is the one to watch today in my opinion.
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Total Supply in Loss hit 7.1M BTC last week — highest since September 2023 📉⚡️. Current levels (5M–7M BTC) mirror early-2022 sideways market 🔄📊.
This reinforces the True Market Mean as the key threshold separating mild bearish phase from definitive bear market 🎯👀💼.
❗️Roll the dice and take a piece of the 6,000,000 USDT prize pool!
https://bingx.com/en/activity/25Xmas?ref=IF52BS
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#BTCUSDT 1D CHART
ANALYSIS UPDATE 🪙
With all the recent games in the market in the last couple of days, it seems the highlighted support zone has held the price and the bearish outlook seems to have come to an end. ✅
Now as Bulls will try to gain momentum, we need to wait and see whether they can take price back up to 89.5k?
✈️ Cause that's where will get a confirmation for a bullish scenario.
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#BTC still moving back and forth of the range but this time it game a new internally lower low. Nothing still clear, have to wait more, fundamentally driving market crazy and too predictive now. Also, Year end is near, we can have less volume too, which can lead in easy and heavy manipulation.
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