Year-end market explosion? I bet Bitcoin will start the Christmas rally before Chinese New Year!
Here’s my take: the previous low at 83,823 is the bottom for this cycle. December heads straight for 120,000, specifically to trap those who chase the top.
But it won’t be smooth sailing in between—the 85,000 to 95,000 range will grind everyone down, occasionally spiking to 99,000 to give hope, then crashing back down, liquidating both longs and shorts.
The real action starts after December 20. I predict a violent shakeout, a wick down to just above 70,000, blowing up all leveraged longs and creating market panic.
What happens after the panic? A daily pump of around 7%, and by the end of the month, a massive wick shoots straight to 120,000, wiping out all shorts before another pullback.
Sound familiar? Are we about to repeat the deep bear playbook from 2021?
My own strategy is simple: I’ve already set my orders, just waiting for Bitcoin’s wick down to bottom-fish a major platform token.
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Year-end market explosion? I bet Bitcoin will start the Christmas rally before Chinese New Year!
Here’s my take: the previous low at 83,823 is the bottom for this cycle. December heads straight for 120,000, specifically to trap those who chase the top.
But it won’t be smooth sailing in between—the 85,000 to 95,000 range will grind everyone down, occasionally spiking to 99,000 to give hope, then crashing back down, liquidating both longs and shorts.
The real action starts after December 20. I predict a violent shakeout, a wick down to just above 70,000, blowing up all leveraged longs and creating market panic.
What happens after the panic? A daily pump of around 7%, and by the end of the month, a massive wick shoots straight to 120,000, wiping out all shorts before another pullback.
Sound familiar? Are we about to repeat the deep bear playbook from 2021?
My own strategy is simple: I’ve already set my orders, just waiting for Bitcoin’s wick down to bottom-fish a major platform token.
The show is about to start—are your chips ready?