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  • ๐Ÿ“ˆ Bitcoin's Revival: Next Steps to $100,000! |10 Dec 25|

๐Ÿ“ˆ Bitcoin's Revival: Next Steps to $100,000! |10 Dec 25|

๐Ÿ‘€ Something Big is on the Horizon for Bitcoin!

 

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where the bull gives you the fire that keeps you bullish in the โ€œbearestโ€ of markets!

Here is what we have for you today!

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

Source: Coinglass.com - December 10 @ 12:22am EST

Source: Coinglass.com - December 10 @ 12:20am EST

๐Ÿ“Š OUR BOLD PREDICTION

Amazing news for all our fellow Bitcoin enthusiasts out there, Bitcoin is currently in a bullish ascending triangle formation!

๐Ÿ“Š KEY STATISTICS

  • Overall Market Capitalization = $3.14T

    • (10B decrease since Saturday)

  • Bitcoin Market Capitalization = $1.83T

    • (20B decrease since Saturday)

  • Bitcoinโ€™s Current ROI in December = 1.93%

With Bitcoinโ€™s recent price spike, we have witnessed a shift in how Bitcoin is performing in December . . .

This could be the early present that we have been waiting for!

Letโ€™s take a look to see if there are any other surprises that Bitcoin has for us, but before we do, a word from todayโ€™s sponsor!

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๐Ÿ“Š BITCOINโ€™S DAILY MOVEMENT

In Saturdayโ€™s newsletter, we said that Bitcoin still had hope in December - even though everyone was saying this month would be โ€œDoomcember.โ€ Haha.

Bitcoin has now broken upward though key resistance and is on track to reach the next resistance level in the next 4 days!

Letโ€™s take a look below and see what exactly we should be looking for with Bitcoin, especially with how volatile it is becoming.

With resistance being broken at $92,0694.05, it is key for this area to now turn into support!

It is quite possible that a โ€œsqueezeโ€ will happen between $92,064.05 and $93,123.16.

This seems like the perfect set-up that will being Bitcoin back to $100,000, but leave that to our โ€œWhat to Anticipateโ€ next section!

๐Ÿง  MARKET PSYCHOLOGY

The moment we have been waiting for! Bitcoin is now experiencing a shift of being more bullish!

  • Long (bullish) traders = 50.21%

  • Short (bearish) traders = 49.79%

As we stated in Saturdayโ€™s newsletter:

โ€œIf 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!โ€

Score 1 for us and 1 for our portfolios!

 

๐Ÿ”ฎ WHAT TO ANTICIPATE

As stated in Saturdayโ€™s newsletter . . .

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

Bitcoin has achieved breaking above $92,064.05 - only a few more to go before we reach $100,000 . . . again!

๐Ÿ“ˆ BULLISH SCENARIO

There is nothing wrong with Bitcoin pulling back with the current momentum, but there are levels that MUST be maintained!

As we follow the bullish ascending triangle formation, the ultimate goal is to reach $100,000 by the 27th of December.

Along the way, Bitcoin must break through key resistance - as shown above - and turn each level into a support . . . easier said that done . . .

๐Ÿ“‰ BEARISH SCENARIO

With the recent spike in momentum, and shift in the marketโ€™s psychology, we are feeling good . . . but not safe.

We have seen Bitcoin crash down in price numerous times and that is always something that could occur out of nowhere!

Bitcoin must hold above $92,064.05!

If this level isnโ€™t held, the next support is at $88,472.61 and we are not wanting to go back below $90,000 . . . we have worked to hard to get to where we are now!

๐Ÿ‘€ WATCH FOR THIS NEXT

Bitcoinโ€™s movement in the next 48 hours is key! If Bitcoin breaks below $92,064.05 then we are anticipating a further push downward!

If Bitcoin can hold above, it must reach $93,123.16 by the 14th of December!

๐Ÿง  OUR OVERALL THOUGHTS

We made the prediction at the beginning of December - this is going to be a double-digit green month!

We still have the โ€œwarm and fuzzy feeling,โ€ but must keep a close eye on the movement to see if Bitcoin will betray us. Haha.

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

BULL MARKET BULLETIN ๐Ÿ“Œ

400,000 Bitcoins Moved Off of Exchanges . . . Bullish? In the past 12 months, this massive amount of Bitcoins has moved off of trading exchanges and placed in secured wallets. Seems selling isnโ€™t an option right now . . .

Vivek Ramaswamy Wants to Raise $500M for Bitcoin! Strive - co-founded by Ramaswamy in now the 14th largest holder of Bitcoin . . . and that is only the beginning!

Who Wants Crypto for the Holidays?! We know friends and family want Bitcoin - even if they talk trash behind our backs haha. Here are the easiest and safest methods to give them exactly what they want.

BULLISH OR BULLSH*T? ๐Ÿค”

๐Ÿค Your opinion matters (we promise)! Give us a rating below and tell us what rocked, what flopped, and what we should charge at next!