฿ Bitcoin BTC/USD Daily Video, December 12, 2022

[Sive Morten]

Good morning,

CPI and Fed meeting could give a "wild card" to the market and trigger upside short term action. Technical picture stands bearish and we're aiming on downside continuation. Bullish context now has low chances on success but low risk as well and huge reward if "wild card" will be given. Still we prefer to not take part in "doom&gloom" action and wait for downside breakout of 16.5-16.6K area:

 

[Tchurik]

In Short BTC18000 after CPI Numbers. Still in Short stocks too, for a daily swing purpose. I guess this is it we are in the zone. Now let's kill those bulls.