New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
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📢 $BTC Future Market Outlook — Preparing for the Next Major Move
Bitcoin is currently hovering around $86.4K, still trading below the crucial $88K support zone — which means the 95–99K bullish extension is temporarily off the table.
The late-November push to $91–92K now looks like nothing more than a short-term relief bounce, not a trend reversal.
With BTC failing to reclaim the $88K level, the chart opens the door to lower support targets:
📉 $77K
📉 Potentially down to $72K — the key accumulation zone (green box)
💼 Strategy Update
No new spot entries for now — I’m waiting for $72K for a better risk/reward setup.
My short from ~$118K remains open, and I’ll be watching price action closely before covering.
⚠️ Bottom Line:
Market structure remains fragile. Unless BTC reclaims and holds above $88–90K, the market may still revisit lower supports before any meaningful recovery.