BTC update - Dec 20



$BTC lost the key $100K range and flushed hard, but is now trying to stabilize in the mid–high $80Ks.

The selloff looks emotional rather than structural long wicks + rising volume suggest forced selling may be close to done.

This is a damage-control phase: bulls need acceptance above prior support to shift momentum, otherwise it stays a volatile chop zone.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)