Although Bitcoin ended the week in a mild selloff, it occurred in the context of a bullish cycle begun two weeks ago from 80,526. The correction would need to hit d=84,819 to set up an attractive buy, and a run-up in the meantime to x=91,840 would trigger a ‘mechanical’ short. This would be a one-level trade with p=89,500 as the profit goal, although that doesn’t rule out additional downside to p2=87,160, or even to d=84,819 over the very near term. _______ UPDATE (Dec 8, 12:12 p.m.): The short sale detailed above worked out nicely and could have been covered this morning for an overnight profit of around $2,300. As expected, Sunday’s rally was short-lived and exceeded the green line by just 0.4% before receding to within a hair of p=89,500. The recommendation was explicitly detailed and, presumably, clear enough for any subscriber to have done the trade. Any reports?
BTCUSD – Bitcoin (Last:90,128)
Posted on December 5, 2025, 5:59 pm EST
Last Updated December 8, 2025, 12:17 pm EST