$BTC IMPORTANT REGIONS
On the last day of 2024, I would like to send my best wishes to all of you. This will be my final BTC analysis of the year, and I hope to receive your support and sharing.
Looking back, there were criticisms and praises, but fortunately, BTC still held the 92k mark. I will analyze 4 important levels so that everyone can easily visualize and prepare mentally:
1. Best Case Scenario: BTC breaks the 100k mark tonight
If BTC can increase by more than 6k to exceed the 100k threshold. This would not only bring euphoria to BTC but also pave the way for Alts to explode. Once achieved, you won’t have to "suffer" anymore. 😁
2. Fairly Stable Scenario: Liquidation sweep down to 88k
Although not ideal, it would bring balance to the market, creating opportunities for BTC to have a strong rebound in 2025. However, those trading futures might be in trouble. In this scenario, Alts will need more time to shine.
3. Bad Scenario: BTC stays around the current price range
If BTC continues to maintain a sideways trend, this will be a rather negative signal. To pull liquidity, BTC will have to hold the price by shifting capital from Alts, leading to a localized market bleed.
4. Worst Case Scenario: BTC breaks the 85k mark
The 85k mark will be the final barricade, although the probability of BTC dropping to this point is low. At that time, the entire market will witness a horrific drop. Those who hold may still endure, but with margin and futures, it’s highly likely to burn out completely.
Regardless, crypto is always a place of risk, so a plan for all scenarios is necessary. See you all next year. 😊
GOOD LUCK!