Quick Christmas day check in. BTC has resistance between $102k and $104k. If it can't get through there, I think there's a strong chance it falls to between $86k and $88k, playing out just like I warned a week or two ago. And that would be a strong buy zone. Through $104k and it's not completely out of the woods for continued correction / sideways chop. Look at this summer to see how long it can fail to breakout and shake out both side of trading positions. But as of now, I think the probability is pointing to much higher with $120k being first major resistance. Below $86k and the chance of a deeper selloff would start to creep in.