Bitcoin Price Update: December 2024 (Not a Financial Advice)

The current Bitcoin Price Action is End-Of-Year Chop. We are repeating the same pattern as the last Year.

Strong Pump from October-November; December open pump before range; Temporary bounce from Daily 55EMA before more range

If we follow the same pattern, the December options expiry and the Yearly Open period will be choppy. We will find a bottom in early January around the Daily 100EMA (~$85-87,000) and then move back to All-Time Highs.

I do not believe the cycle top is in yet. Patiently waiting.

***Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. Always Do Your Own Research!

Posted Using InLeo Alpha