Bitcoin Analysis (93K, weekly timeframe):

1. Price angles:
Bitcoin reached 105K (end of the weekly cycle), correcting to 84K (quarter of the cycle and end of the daily). The 84K level is critical for the trend. Closing the week below will indicate weakness.

2. Price channels:
From the "covid bottom", Bitcoin has been moving in a channel, tested the middle line (50K, 180° angle). A test of the upper border (84K) is expected, but closing below is unacceptable for growth.

3. Wave analysis:
Bitcoin has completed 5 waves, a divergence is forming (MACD, RSI). The correction will likely take the form of ABC:

Wave A (three movements).

An "altseason" is possible during A and B.

Wave C - market decline.

The formation is not yet clear, more time is needed.

Critical levels:

The growth will continue only if 105k is broken (target: 120k, "cup with handle"). If Bitcoin dominance drops to 48% and the price remains below 105k, it is better to exit the market.

Advice: Don't be greedy, take profits when necessary.

Bitcoin is currently at 94k. Pay attention to the 94k level - if the price closes below this level, there may be a sharp drop with acceleration to 84k in one daily candle, which will be a support level and a possible rebound.

A break of the 105k level cancels this scenario.

For now, Bitcoin is targeting 84k.

I warned you about a deep correction that could take several weeks. Even if we fall to 84k, the trend is still up, and I think we will see growth in a couple of weeks.

The problem with most people is that they want the correction to start and end in one day, in a single candle.

1. First of all, the market is not as simple as you think.

2. Secondly, if you want to make money in the market, it will require payment — with your patience, persistence, discipline, self-control, and ability to withstand the severity of corrections.

3. Thirdly, let me tell you something and calculate the worst-case scenario that is probably scaring you right now: entering a downtrend or bear market. This is your main fear, isn’t it?

Well, a bear market does not form in one candle. It is accompanied by pullbacks, as the chart needs to create peaks lower than previous peaks and troughs lower than previous troughs on daily and weekly timeframes. It takes at least three months to confirm a bear market. Therefore, during this period, there are always pullbacks that can be used for exiting, rather than at the moment of a sharp decline that is happening now. This is in the worst-case scenario. So relax and don’t do things you might regret. Now is not the time to panic or sell.

Note:

I think we have already passed this stage, and at this stage of correction, there has been a sell-off in large-cap cryptocurrencies.
Therefore, I believe that coins like Solana, XRP, etc., have already fulfilled their purpose. This is not a recommendation to sell.
They may show growth, but from these levels, it will be insignificant.
Someone might ask: "Why are you expecting Ethereum to rise?" Because for me, if Ethereum rises to 7500, that's already 1x, and that's more than enough.
Return to my posts about how a bull market progresses: first, the growth of large-cap coins, then the movement shifts to mid-sized projects, and in the final stages, low-cap altcoins are activated. This is how liquidity is distributed.

Good evening! Bitcoin is currently priced at $97,200. Its growth at this moment is a corrective pullback, and the correction is not yet complete. It has broken the upward trend line and is now retesting it in this pullback. Confirmation of the correction's completion will be a breakout of the level 105,000$ and a daily close above that level. Otherwise, the correction continues. Be cautious of breaking the last formed minimum at the level of $92,000, as the target for the decline could be $87,000.

So, guys, calm down and don't panic. I warned you that the market, like in previous bull markets, would make a deep correction. True, I thought it would happen next week — it seems my crystal ball is glitching. In any case, this correction, in my opinion, will last for several weeks, so relax and take a vacation.

Good evening! How are you feeling? 🤣
What you are currently seeing is always happening in a bull market. As the end of the cycle approaches, there are sharp rises and falls, as well as rapid sales that throw investors off balance, destabilize them, and also "squeeze" margin positions. However, this lasts only a few weeks before returning to the main trend of the cycle. Advice: do not panic, stay calm, stick to your goals, and show self-discipline.

In my opinion, Bitcoin has done its part for everyone over the past two weeks: it marked a positive period and rose, reaching an all-time high.

Ethereum is currently priced at $3680. Against the backdrop of a correction in the American market, the cryptocurrency market has also declined this week. It is important to hold the level of $2900 and not close the week below this support. So far, there have been no changes in the upward trend of Ethereum. The target for Ethereum is $5300.

Today will see the last meeting of the Federal Reserve Bank of the year. Therefore, we see that prices are currently not moving, as investors are waiting for statements from the Fed. Predictions indicate a possible rate cut. Market movement may begin tomorrow or possibly today after the Fed meeting. Let's see what happens.

I still believe that there may be another correction on December 23, especially after Bitcoin rose again yesterday and reached a new peak. But this time I think that the decline in Bitcoin may occur alongside the stabilization of altcoins. In any case, this is not a forecast, because corrections are part of a bull market, and predicting them is like predicting that night will come tomorrow.

Well, there's nothing to add here! Everything is already clear.

Here is my example for those who don't believe. I'm sure when I wrote the last post about this coin as a strategy example, some thought: "Come on, taking profit at only 5x? No, we need 10x, 20x, 30x!"

And now look. I said I would sell another 20% at $1 — which I did. And then what happened? You see, the price crashed. 🤷 And what next? The stop-loss worked at $0.80. And for that, thank you.

The price may rise further, but for me, the goal is achieved. I can take 5x from one coin, another 5x from another, and so on. In the end, it will turn out that I made 10x or 20x, but from different coins — and all this without greed. And I have USDT in case a correction happens.

That's why I'm writing to you: if you do not take profits and leave the market "tips," then the market will leave you nothing.

Good evening! What's new? Ethereum targets: 4100, I'm waiting for $5300 to see how Altcoins behave. Bitcoin targets: 110k, I hope it breaks through next week. We need to be prepared for a possible correction from December 23. Why hasn't Ethereum broken through yet? Most likely, the market maker wants to get the most out of Bitcoin first, and then switch to Ethereum.

Good luck to everyone!

Don't take my warnings as a statement that the market will enter a bearish phase tomorrow at 6 PM. That's not the message, and the market doesn't work that way. I'm still ALL IN in the market, waiting to achieve my goals with my coins. But you need to be balanced at this stage of the market, avoid FOMO and greed, be prepared, cautious, and define your goals in advance.

As for the words that "we are in peak zones" — yes, we indeed are in such zones. But peaks, like troughs, have their patterns.

What this means:

At troughs, the market usually remains in an accumulation sideways range for 2–3 months.

At peaks, the market moves in an upward or sometimes sideways distribution range for the same 2–3 months.

Remember that a peak and a bottom are a range. There's no need to strive to buy at the very lowest point or sell at the very highest.

If you don't leave the market a "tip" of 20% or even 50% after a 500% or 1000% rise, the market won't leave you with your entire deposit.

And finally, I want to remind you:

One year in a bear market feels like an eternity.

Whereas in a bull market, a year feels like a month, a month feels like a day.

You don't even feel how quickly time passes in a rising market.

Bitcoin is currently worth 100 thousand dollars.

In 2016, 35 weeks after the halving, there was a corrective drop of 30% that lasted for 3 weeks before Bitcoin reached its peak.

In 2020, 35 weeks after the halving, there was also a 30% drop, but it lasted only 2 weeks, after which Bitcoin reached a new peak.

This time, it is December 23, 2024, and exactly 35 weeks will have passed since the halving. This means that, like in previous cycles, we may see a similar corrective movement.

Forecast for the current situation: If Bitcoin repeats its historical pattern, a corrective drop similar to previous cycles may occur this month (December). However, some altcoins may show different dynamics, possibly with less sensitivity to Bitcoin's decline.

Recommendations:

For traders: protect your positions.

For investors: maintain current assets, but also take some profits. This will allow for increased shares in the portfolio if history repeats itself and Bitcoin goes through a correction after the halving again.

As always, forecasts are speculative.

Here is an example of my investment strategy. I think it's as simple and safe as possible.

The Cortex coin created a bottom in July 2024, when its price was about 0.15. Yesterday it rose to 0.90. What I did: I locked in the initial capital plus 30% profit. On the remaining profit, I set a stop-loss at 0.60. If the price rises to 1.00, I will lock in another 20% and raise the stop-loss to 0.80, and so on.

Just please don't rush to buy this coin right now. 0.15 × 6 = 0.90, it has already made 6X.

Good afternoon!

Has the correction ended: the correction has not yet given a signal of completion, and it is POSSIBLE that this week we may see another wave.

Still, I believe the rebound started yesterday and will continue until December 23. Use this rebound, but from December 23 to 25, start to exercise caution. I will explain the reasoning for this to you later. Have a nice day!

Beware of the upcoming wave and act wisely: set goals, stick to them, don't be greedy, and remember that this scenario has been repeating for 100 years.

Take the time to understand this: it's not something taught in books or courses.

You buy currency at the peak for $6, then it drops, and you continue to strengthen, not noticing the bear market. When the price reaches $0.20, you sell, hoping to buy back at $0.10. But instead, it bounces back to $0.40, and you buy again, fearing to miss out on the rise. Then the currency eventually drops to $0.10, leaving you in despair and losing faith.

You give up, leave the market, and criticize it. After a while, a cycle of new participants comes in, repeating the same scenario.

To avoid this, first determine the overall market trend. Then entry points, exit points, and goals will be obvious. The main thing is to stick to the plan and not give in to pressure.

Hey you, who's shorting Ethereum, they're coming for you 🤣 to start with up to 4110💀

Since everyone is bored, I'll take the opportunity:
The bear market begins at the peak of FOMO (fear of missing out), when people are in a euphoria of profit, and greed takes over the majority. Then the bear market starts inconspicuously, looking like a regular correction, similar to the current corrections. Gradually, it forms lower highs and lows, and most people do not believe what is happening and deny it.
After a while, greed begins to subside, and all a trader wants is to return at least to the peak or close to it to sell. But this becomes a naive goal because they have already "fallen into the trap." The trader continues to hold on, averaging down positions, until they lose all their capital.
The lessons I learned:
1. The peak is a range, not an exact price.
2. You can't stay in the market until the very end. It's okay to "leave a tip" for the market.
3. When cryptocurrencies move, they don't need a year to reach their targets. 2-4 weeks is enough to make 5-10x.
4. Opportunities are always renewed; you won't miss anything. Greed is unnecessary; take profits, even if they are small.
5. And please never believe the phrase "this time it will be different."
Good luck!

Good afternoon! We see that a correction in BTC Dominance has occurred. The next targets are 52%, and then 48%, which is actually good for altcoins. Has the correction ended? Honestly, I don't know. But one can assume that yesterday traders started to open leveraged positions, and perhaps the market maker will want to liquidate them before a new wave of growth. Or maybe they will "spare" them. 😂

I have a spot wallet, and my coins were purchased one and two years ago, so I am safe for now. Thank you all!

Good red Evening 😂, so did I warn you?? yes I warned you thank you, hang in there 👍🤝

***So that none of the newcomers get confused, you can use recovery and growth of coins to come out with a profit.