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  • ๐Ÿ“‰ Bitcoin's Pullback: Here's What to Anticipate Next! |6 Dec 25|

๐Ÿ“‰ Bitcoin's Pullback: Here's What to Anticipate Next! |6 Dec 25|

๐Ÿค” What Keeps Us Optomistic? Bitcoin is Holding Above Last Cycle's All Time High, Here's Why!

 

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where our bull mascot works harder than the Fedโ€™s money printer haha!

Here is what we have for you today!

๐Ÿ“Š BLOCKCHAIN BREAKDOWN
๐Ÿ“Œ BULL MARKET BULLETIN

Source: Coinglass.com - December 5 @ 11:48pm EST

Source: Coinglass.com - December 5 @ 11:52pm EST

๐Ÿ“Š OUR BOLD PREDICTION

Bitcoin was on a roll for a hot minute - then decided to take a break mid-comeback . . .

Even so, we are still optomistic that Bitcoin is planning a move that we all have been waiting for!

๐Ÿ“Š KEY STATISTICS

  • Overall Market Capitalization = $3.15T

    • (100B decrease since Wednesday)

  • Bitcoin Market Capitalization = $1.85T

    • (70B decrease since Wednesday)

  • Bitcoinโ€™s Current ROI in December = -0.84%

We have had a small โ€œhiccupโ€ in the market, with uncertainty that continues.

We must keep in mind; this is a critical time for Bitcoin as a dramatic drop in price will end the bull market!

Letโ€™s take a look at Bitcoinโ€™s daily movement - after we take a few deep breathes - and see where we go from here, but after todayโ€™s sponsor!

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๐Ÿ“Š BITCOINโ€™S DAILY MOVEMENT

Bitcoinโ€™s bullish cup and handle formation was more successful than originally planned!

On the 4th of December - our projected date from the 29th of November - Bitcoin had a quick rush to $99,000 . . . yes, you heard that right!

Letโ€™s take a look below and see how Bitcoin went from that price spike to now being on the verge of a drop below $88,472.61.

With Bitcoinโ€™s flash spike in price, it broke through resistance at $93,123.16, $95,052.66, and $97,995.63!

Unfortunately, this was short-lived and Bitcoin is now back down below resistance at $92,064.05.

Could this spike in momentum turned the turntables (something like that) for the psychology in the market?

๐Ÿง  MARKET PSYCHOLOGY

Even with the price spike and as we consolidate sideways, we have seen a slight uptick in bearish pressure from Wednesdayโ€™s newsletter:

  • Short (bearish) traders = 51.06%

  • Long (bullish) traders = 48.94%

If Bitcoin decides to follow the upward support that will lead to resistance at $92,064.05 - we anticipate a shift in psychlogy by the 12th of December!

So . . . where do we go from here?

 

๐Ÿ”ฎ WHAT TO ANTICIPATE

As stated in Wednesdayโ€™s newsletter . . .

โ€œWith Bitcoin hitting major resistance at $93,123.16, it could only be a matter of time before we push back below $92,064.05 and head towards $88,472.61.โ€

It appears Bitcoin has chosen violence as it went with last Wednesdayโ€™s potential bearish scenario.

๐Ÿ“ˆ BULLISH SCENARIO

If Bitcoin follows ascending support, these are the key dates that we have:

  • Resistance at $92,064.05 by the 12th of December

  • Resistance at $93,123.16 by the 14th of December

  • Resistance at $97,995.63 by the 22nd of December

The dates could fluctuate, but it shows us a smooth upward momentum that will lead to the main objective that is $100,000!

๐Ÿ“‰ BEARISH SCENARIO

We have seen how fast Bitcoin can move upward . . . and we have definitely seen the same enthusiasm as it moves downward.

Right now, the only thing keeping us from being fully bearish is $88,472.61. This level is imperative for Bitcoin to hold . . . we are begging at this point!

As weโ€™ve said, โ€œThis is Bitcoinโ€™s โ€œdo or dieโ€ moment. If $88,472.61 breaks, it is highly anticipated that we say โ€œhelloโ€ to $85,938.76 . . . once again.โ€

๐Ÿ‘€ WATCH FOR THIS NEXT

Keep an eye on how Bitcoin moves in the next 48 hours. There must be a spike in price to ~$90,200 for the ascending support to hold.

However, over the next 7 days Bitcoin must reach ~92,800 to test a major resistance level!

๐Ÿง  OUR OVERALL THOUGHTS

What a ride 2025 has been!

As we close out December this year, we look back at all of the victories . . . and the times where we cried in the shower after looking at the portfolio.

The thing that keeps us going? Bitcoin is holding above last cycleโ€™s all time high - the first time this has ever been seen!

Something big is on the horizon!

To our fellow bulls, trade smart, stay safe, and may the bull guide your gains!

BULL MARKET BULLETIN ๐Ÿ“Œ

Is Bitcoin Shifting to a 2-Year Cycle? We have been able to rely on Bitcoin spiking in price every 4-years (2013,2017,2021,2025) . . . but maybe things are about to change around here . . .

Peter Schiffโ€™s Gold Test Fail with Binance Legend Goes Viral! During an event panel in Dubai, โ€œCZโ€ brought out a gold bar and challenged Peter Schiff to authenticate. The point . . . blockchain verifies every transaction!

Two โ€œSatoshi-Eraโ€ Wallets Reactivate after 13 Years! Scares continue as 2 Bitcoin wallets with 2,000 Bitcoins made a transfer to a new wallet . . . thankfully they havenโ€™t been sold - yet!

BULLISH OR BULLSH*T? ๐Ÿค”

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