The Trust Layer for Market Analysts

The analysis focuses on Bitcoin, volatility index, gold and the S&P 500 index, assessing their technical setups for the upcoming week. Bitcoin is currently at 96585 and losing selling momentum, suggesting a potential short-term bounce. The analyst anticipates a move towards 93-90k before finding a bottom and setting up new bullish momentum, targeting 100k. A local bottom is expected around 94500-90000. There's diminishing selling pressure, the volatility index is at 19.8, with the target around 17, gold has pulled back with short-term positive development, and S&P 500 is viewed as 'not bullish.' The analyst expects a short-term bounce for Bitcoin during the weekend followed by pullback into the 93-90k range before establishing a bottom. It needs a little bit more information to actually find a bottom.