BTC update 12/4

BTC: not much to add to the last update in November. The anticipated bounce already materialized, but hasn’t done much more than to reduce some of the short term oversold conditions. I see no reason to change my POV and price projections until proven otherwise, which is a move and close back above broken support. Yes the bounce can still tag on another 500p or so, but clearly the trend remains down.

BTC