Brothers, good afternoon! This week's closing price is just at the turn of the month! Today is the last day of November, and the monthly line is most likely to close a big green candle, so December will continue to see a strong bullish trend. Intraday short-term: From the current situation, today is most likely to form a range-bound market, with the range between 94,800 and 98,500, which is just the middle part of the channel. So, for intraday short-term trading, be sure to set stop-loss and stop-loss orders!
What's next for BTC? Expected to hit 130,000 on January 19th! When will the long-term cycle top out?
Here is my prediction of its potential path for your reference:
Early December:
BTC breaks through the 100,000 mark, reaching around 107,000; BTC news appears in various global media, and new retail investors flood in; Altcoins experience a final frenzy; Altcoin funding rates generally exceed 0.5% again; Altcoin quarterly index exceeds 75; BTC daily MACD shows a bearish divergence; BTC market dominance drops to support levels;
Early to mid-December:
BTC experiences a major correction to around 87K; During this period, the US November unemployment rate and CPI data are released, and the stock market is tested; Massive liquidation of contracts and leverage; Causing new retail investors to fall into fear;
Late December:
The Santa Rally drives BTC's third wave up to 120,000; The Christmas season, with an 80% probability of US stock market gains based on seasonal statistics; The US stock market drives BTC and others to break through 100,000 to 120,000; ETH starts to gain momentum, breaking its historical high, expected to reach 5,000;Early January 2025: BTC experiences a fourth wave correction to 107,000; Stubborn inflation, the entanglement between Trump and Powell, no hope of further rate cuts in January; The US stock market drives BTC's correction;
Mid-January 2025:
BTC rises again, reaching 137,000 on January 19th; BTC experiences another major correction;
February/March 2025:
BTC enters a high-level distribution range of 120,000-140,000; BTC's market dominance breaks out, entering a rapid decline stage; Altcoins enter their best season; The "Bitcoin Strategic Reserve Act" enters congressional decision-making, and if passed, BTC could open up more upside space and break out of the extended wave; If defeated, or the plan is castrated, then BTC's bull market could turn bearish. The above predictions are for reference only, not financial advice.
Brothers who made money in November, may you continue to make money in December! Brothers who didn't make money in November, may you definitely make money in December!
These 5 Altcoins with 10-100x potential gains are worth laying in wait for!
1.THETA
Market Cap: $2.302 billion
24h Trading Volume: $166 million
THETA is also one of the 10x coins I have positioned, a slow bull, with daily price increases. Be sure to hold on, the 10x gains will come.
2.XRP
Market Cap: $101.456 billion
24h Trading Volume: $18.23 billion
XRP has been truly bullish recently, with its market cap surpassing BNB and entering the top 5 mainstream coins, ready to compete with SOL. Who says we don't trade old mainstream coins, the dignity of old mainstream coins is not to be challenged.
3.MOVR
Market Cap: $153 million
24h Trading Volume: $16.32 million
Buy MOVR, it's also in the Polkadot ecosystem, KSM has already taken off, it won't be far behind. Stop loss at 15.72, small position size, don't go too big.
4.SAND
Market Cap: $1.552 billion
24h Trading Volume: $675 million
Buy SAND, the correction is about right, stop loss at 0.577. The metaverse is hot, and The Sandbox is leading the way with virtual land, Non-Fungible Tokens, and games. Major brands and celebrity collaborations, the leader in the metaverse.
5.KSM
Market Cap: $646 million
24h Trading Volume: $187 million
Take some profits on KSM, and then set a stop-loss above your cost basis to hold the rest. Polkadot 2.0 is expected to launch in the first quarter of 2025, keep an eye on DOT and KSM, all the good news is in the first quarter, the money-making season in February and March.
