A partial fundamental analysis of BTC suggests a potential downturn.

Yes, usually BTC experiences some decline around Christmas as small holders sell crypto stocks and assets for the Christmas and New Year seasons. This selling activity increases the selling pressure. Historically, after the end of November and around December 10–15, BTC tends to face some selling pressure, leading to a drop. However, we hope BTC will surpass $95K before this happens! The $95K mark is the 9th resistance level, and we anticipate it will break. After consolidation, it might then test levels near $82K.

This is a historical fundamental analysis. There is currently no new news to push BTC further upward. If any disaster, war, or similar event occurs, it could bring BTC down, providing some relief to short holders.