$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.
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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.