$BTC is so far back above the 2.618 Fib after testing the 0.236 Fib at $90k
If there is another rejection at the $100k level then we can expect another pull back and likely to a lower low below $90k and even down to the 0.38 Fib which would be standard.
However, I think $BTC still looks strong and when the US market opens on Monday we are into the last month of the year and historically it is a bullish time
So it is certainly possible that $BTC can break above the $100k next.
Scott Glover
2024-12-01 01:58:43 +0000 UTC