November has already come to an end, and the brand new December joyfully begins.
The recently concluded November was indeed crazy, with Bitcoin closing the monthly line with a large bullish candle, which inevitably makes one full of expectations and doubts about the market in December.
Currently, there are many voices in the market predicting a downturn, believing that Bitcoin will significantly decline in December, based on the fact that Bitcoin has experienced a long period of substantial increases, and it seems reasonable to expect a correction. However, it is important to clarify that a normal correction and a major decline are two entirely different concepts. Analyzing from the perspective of indicator trends, as long as Bitcoin can successfully break through the resistance zone of 99000 - 99500, it will not merely stop at the hundred thousand mark, but will move towards even higher unknown territories.
It can be said that those who loudly proclaim that Bitcoin will fall significantly in December are mostly expressing the inner unwillingness and expectations of those who have missed out. The more everyone sings in unison about a downturn, the more it indicates the large number of those who have missed the opportunity. Do you agree with this perspective?