Hi members of BHW,
Bitcoin will start to dump slightly below 30k today or tomorrow. Too much greed if you look at Open Interest and Funding Rates since months. Longs need to get wiped out before a moonshot. I also think that BTC will start pumping aggressively again shortly before Christmas. I predict 80-89k USD EOY which is also the top for this bullrun imho. 100k USD is anticipated by too many people. Who would buy BTC at 95k if 100k is the mainstream expectation. Only some degens might do. This might age badly but I do not care.
Sincerely,
The Data Scientist
Edit: Such a dump and pump if it should occur will be justified with fabricated news.
Bitcoin will start to dump slightly below 30k today or tomorrow. Too much greed if you look at Open Interest and Funding Rates since months. Longs need to get wiped out before a moonshot. I also think that BTC will start pumping aggressively again shortly before Christmas. I predict 80-89k USD EOY which is also the top for this bullrun imho. 100k USD is anticipated by too many people. Who would buy BTC at 95k if 100k is the mainstream expectation. Only some degens might do. This might age badly but I do not care.
Sincerely,
The Data Scientist
Edit: Such a dump and pump if it should occur will be justified with fabricated news.