Good afternoon, brothers! This week's weekly K closes just at the end of the month! Today is the last day of November, and the monthly line is likely to close with a big positive line, so December will continue to be strongly bullish.
Intraday short-term: From the current point of view, there is a high probability that today will form a range of oscillations, the oscillation range is between 94800 and 98500, this range is just the oscillation in the middle of the channel! Therefore, intraday short-term trading should be done with stop loss and stop loss!
What’s the next step for BTC? It is expected to reach the 130,000 mark on January 19! When will the big cycle peak?
Here are my predictions for its potential path for your reference:
Early December:
BTC breaks through 100,000, reaching around 107,000; BTC is in the news globally, new investors are flooding in; Altcoins have a crazy last week; Altcoin funding rates are generally above 0.5%; Altcoin quarterly index exceeds 75; BTC daily MACD shows a top divergence; BTC market share decreases to support level;
Early December:
BTC has a large second wave pullback to around 87K; during this period, the US unemployment rate and CPI data for November will be released, US stocks will face testing; a large number of contracts and leverage will be liquidated; causing new investors to fall into fear;
Late December:
The Santa Rally drives BTC to rise to 120,000 in the third wave; Christmas market, the probability of rising in US stocks is 80% based on seasonal statistics; US stocks drive BTC and others to break through 100,000 to 120,000 again; ETH starts to gain momentum, breaking historical highs, expected to reach 5000; Early January 2025: BTC oscillates with a four-wave pullback to 107,000; Stubborn inflation, Trump and Powell entangled, no hope for further rate cuts in January; US stocks pull BTC back;
Mid-January 2025:
BTC rises again, reaching 137,000 on January 19; BTC has a major pullback again;
February/March 2025:
BTC enters the high distribution area of 120,000-140,000; BTC market share breaks down, entering a rapid decline phase; Altcoins have entered the best season; The 'Bitcoin Strategic Reserve Act' enters congressional decision-making, if successful, BTC can open up more upward space, leading to an extended wave; if failed or the plan is curtailed, BTC could turn bearish. The above speculations are for reference only, not financial advice.
Brothers who made money in November, wishing you continued success in December! Brothers who didn't make money in November, wishing you a prosperous December for sure!
These 5 altcoins with 10-100x potential are worth accumulating!
1.THETA
Market cap: $2.302 billion
24-hour trading volume: $166 million
THETA is also a 10x coin I am positioning for, slow bull, pulling up every day. Must hold on, 10x will come.
2.XRP
Market cap: $101.456 billion
24-hour trading volume: $18.230 billion
XRP has truly been strong lately, its market cap has surpassed BNB and entered the top five mainstream coins, preparing to compete with SOL, who says to invest in new coins and not old ones, the authority of old mainstream coins is not to be provoked.
3.MOVR
Market cap: $15.3 million
24-hour trading volume: $16.3165 million
Buy MOVR, also part of the Polkadot ecosystem, KSM has taken off, it won't be far behind, stop-loss at 15.72, keep the position small, don't go too big.
4.SAND
Market cap: $1.552 billion
24-hour trading volume: $675 million
Buy SAND, the pullback is almost over, stop-loss at 0.577. The Metaverse is booming, The Sandbox is leading with virtual land, NFT games, etc. Collaborations with big brands and celebrities, a leader in the Metaverse.
5.KSM
Market cap: $646 million
24-hour trading volume: $187 million
Let's take some profits on KSM and set a stop-loss above the cost price to hold on. Polkadot 2.0 is expected to launch in the first quarter of 2025, pay attention to Dot, KSM, all the good news is in the first quarter, a money-making market in February and March.
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