Based on the current trend, as long as Bitcoin does not break below the key support level of 84,000, the rebound rally will continue to unfold. Of course, the strength and duration of the rebound may vary—sometimes a strong surge, other times a slow climb—but this rebound is expected to last until mid-January. After the rebound ends, the market will enter another decline cycle. From now on, it will take approximately half a year to form a true bottom. Once the bottom is established, there will be several months of rebound opportunities, but then a new major decline will follow—an adjustment of a larger scale is expected around October, with Bitcoin possibly bottoming out in the range of 45,000-55,000.
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FlashLoanLarry
· 9h ago
yo this 84k support thesis is just opportunity cost theater tbh... like sure it holds until it doesn't? watched enough backrunning cycles to know these "key levels" get liquidity-vacuumed on bad news drops ngl
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FlatlineTrader
· 9h ago
If 84,000 can't hold, then we have to be prepared to take a hit... It will take half a year to bottom out? This wave will last until October, that's a bit harsh.
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CryptoTherapist
· 10h ago
ngl this 84k support cope is giving "let me rationalize my bag" energy... halfway through january we're gonna see the real plot twist lol
Based on the current trend, as long as Bitcoin does not break below the key support level of 84,000, the rebound rally will continue to unfold. Of course, the strength and duration of the rebound may vary—sometimes a strong surge, other times a slow climb—but this rebound is expected to last until mid-January. After the rebound ends, the market will enter another decline cycle. From now on, it will take approximately half a year to form a true bottom. Once the bottom is established, there will be several months of rebound opportunities, but then a new major decline will follow—an adjustment of a larger scale is expected around October, with Bitcoin possibly bottoming out in the range of 45,000-55,000.