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BTC Update: The Countdown Begins – 12 Days Left to End 2024!
Bitcoin's Q4 narrative is hanging by a thread. With just 12 days left in the year, we could witness a historic moment: the first halving cycle where Bitcoin fails to close all three months of Q4 in the green.
🚨 Key Highlights:
For the first time, December might end in the red, breaking a streak of bullish Q4 closes during previous halving cycles.After a relentless rally, Bitcoin has finally printed a significant weekly red candle, leaving holders wondering: Is the bull run over?
What’s Happening Now?
Bitcoin’s recent pullback below $100K has triggered fear across the market, with a
possible retest of the low $80K range in sight. The year-end holiday season is typically marked by low trading volume, making BTC vulnerable to short-term dips.
But don’t panic—this is a normal consolidation phase in a bull market. Historically,
such pullbacks have paved the way for renewed momentum at the start of a new
year.
What’s Next for BTC?
🔮 Short-Term Outlook:
Expect low volume and potential corrections in the coming days, with BTC eyeing support around $80K.
🚀 Long-Term Outlook:
Early 2025 could see BTC regain strength, targeting $120K within 1–2 weeks of the new year.Key drivers: institutional inflows, reduced volatility after options expiry, and renewed market confidence post-holidays.
💡 Takeaway:
This pullback doesn’t signify the end of the bull run—it’s merely a pause. Bitcoin’s
long-term fundamentals remain strong, and with 2025 being a post-halving year,
we’re likely to see new highs in the months ahead.
🔗 What’s your prediction? Comment ‘MDINI’ for more updates!
And remember, always DYOR! 💡
#Bitcoin #BTC #CryptoUpdate #CryptoPredictions
🚨 Key Highlights:
For the first time, December might end in the red, breaking a streak of bullish Q4 closes during previous halving cycles.After a relentless rally, Bitcoin has finally printed a significant weekly red candle, leaving holders wondering: Is the bull run over?
What’s Happening Now?
Bitcoin’s recent pullback below $100K has triggered fear across the market, with a
possible retest of the low $80K range in sight. The year-end holiday season is typically marked by low trading volume, making BTC vulnerable to short-term dips.
But don’t panic—this is a normal consolidation phase in a bull market. Historically,
such pullbacks have paved the way for renewed momentum at the start of a new
year.
What’s Next for BTC?
🔮 Short-Term Outlook:
Expect low volume and potential corrections in the coming days, with BTC eyeing support around $80K.
🚀 Long-Term Outlook:
Early 2025 could see BTC regain strength, targeting $120K within 1–2 weeks of the new year.Key drivers: institutional inflows, reduced volatility after options expiry, and renewed market confidence post-holidays.
💡 Takeaway:
This pullback doesn’t signify the end of the bull run—it’s merely a pause. Bitcoin’s
long-term fundamentals remain strong, and with 2025 being a post-halving year,
we’re likely to see new highs in the months ahead.
🔗 What’s your prediction? Comment ‘MDINI’ for more updates!
And remember, always DYOR! 💡
#Bitcoin #BTC #CryptoUpdate #CryptoPredictions
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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