📊 Bitcoin — 4H Timeframe Outlook | Dec 17 (Wednesday) | 1-Month Market Structure
On the 4-hour chart, Bitcoin has been trading within a descending trend since last week, while staying below the ascending trend that formed from the November 21 low. The break of the ascending trend on December 15 is now being tested, combined with resistance from the current descending trend.
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📈 Bullish Scenario
If Bitcoin breaks above the descending trend and surpasses $88,000, followed by a daily close above $89,000, the (Dec 15) break may be a false breakdown. In this case, the path could open toward $94,000, a strong resistance level.
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📉 Bearish Scenario
If Bitcoin respects the descending trend and fails to sustain above it after testing the (Dec 15) break: • Price could drop toward $84,000 as initial support • A further breakdown could push Bitcoin to $80,500 — the November 21 low • Continued failure may target April lows as the final corrective structure.
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⚠️ Disclaimer: This is not investment advice. Always do your own research.
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For the broader market context, check out our Daily Timeframe analysis | understanding the bigger picture is key before short-term moves. Check out the Daily Bitcoin outlook for the full market context.
📊 Bitcoin — Daily Timeframe Outlook | Dec 17 (Wednesday) | 3-Month Market Structure
Bitcoin is currently trading below a short-term downtrend-line that was briefly broken on December 15. However, the daily candle on December 16 failed to close below $86,000, keeping the possibility open that the move lower was a fake breakdown rather than the start of a sustained downtrend.
This price behavior suggests that downside momentum is weakening, and Bitcoin may still have room to reclaim its upward structure if key levels are recovered.
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🌍 Macro & Liquidity Context
Recent US data came in supportive of potential rate cuts:
Weaker wage growth
Higher unemployment
Moderate job gains
Together, these signals suggest that inflation pressures remain under control. As a result, markets stayed relatively calm, with Bitcoin stabilizing after pushing toward $88,000.
This macro backdrop reduces pressure on the Federal Reserve and keeps liquidity expectations supportive for risk assets, including crypto.
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📈 Bullish Scenario
The bullish case remains valid if Bitcoin:
Breaks and holds above $89,000
Re-enters the short-term uptrend
Such a move would confirm that the December 15 break was a fake breakdown, opening the door for further upside.
A continuation toward $94,000 would be critical. A successful break and retest above this level would signal a break of the broader corrective long-term downtrend, potentially marking the end of the correction phase and the start of renewed upside continuation.
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📉 Bearish Scenario
The bearish scenario activates if Bitcoin:
Drops below $86,000
Closes the daily candle below this level
In that case, price may move lower to test $84,000. If Bitcoin fails to hold $84,000 on a daily close, the next downside target becomes $80,500 — the same level visited on November 21, which marked the lowest price after the $126,000 all-time high.
The #crypto market is not just candles going up and down. It’s a reflection of global liquidity, macroeconomics, and trader psychology.
Bitcoin is the market’s compass. When liquidity changes or macro conditions shift, direction is formed first — then volatility follows.
One of the biggest mistakes traders make is focusing on lower timeframes without understanding the bigger picture. That’s how good setups turn into bad decisions.
At MinaMarkets, analysis starts from the top:
• Higher timeframes define the direction
• Lower timeframes refine the execution
We don’t chase candles. We read context.
In the coming period, market analysis will be shared across multiple timeframes to help you see the full structure — not just the noise.