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We finally broke above the $89k level and are now testing $93k
If we clear it, a move toward $100k is likely.
Is the bull back?
Not so fast this looks much more like the rebound phase we talked about.
Right now, big money isn’t buying or selling, it’s waiting for clarity.
Rate cuts have an 85% probability for December 10, which could be the catalyst to push us back toward $100k…
but the market still shows extreme fear, not strength.
So don’t rush.
Don’t FOMO.