🚀 Bitcoin is entering a new price discovery phase! Trader 'Daan Crypto Trades' stated that BTC has been trading above its all-time high for nearly a month. 📈
- In previous cycles, BTC increased by 1,600% in 2017 and 245% in 2021 after entering the discovery phase.
- If it repeats half of the 2021 increase, the price could reach $150K.
Charles Edwards from Capriole Fund predicts: "The next 4-7 months will present a crazy long-term opportunity for BTC." December is usually a bullish month for BTC.
- BTC reached $98K at the beginning of December, currently trading below $97K, just 3.3% away from its all-time high.
- Historically, December has an average increase of +10%, especially in halving years.
What do you think about the BTC trend this month? Comment below! 💬