One analyst said that Bitcoin’s dip to $80,000 marked the bottom and that 
there is a 91% chance that the current trend reversal will send BTC price back 
to $118,000.

Bitcoin data calls $80K the bottom, analysts say BTC bulls are back

Crypto analyst Crypto Waterman, who predicted the Bitcoin price action with 
Chinese Astrology, has revealed when the flagship crypto will surge alongside 
altcoins. This comes as BTC looks to rebound from its recent crash to as low 
as $81,000. Analyst Reveals When The Bitcoin Price Will Surge In an X post, 
Crypto Waterman predicted that the Bitcoin price would surge from December 5 
after it bottoms between November 28 and 29, when Mercury retrograde ends. He 
further remarked that there will be high swings up and down between November 
29 and December 5, noting that the current market action is similar to mid- 
July 2021 in the previous cycle. Related Reading: Analyst Who Sold Bitcoin At 
$102,000 Predicts Crash To $40,000, But There’s Something Else The crypto 
analyst stated that the Bitcoin price rise will happen from December 5 to 
December 18 for two weeks, with the relief rally sending BTC to between 
$100,000 and $110,000. Once that happens, he predicts a three-week dip from 
December 18 to January 6, which will push BTC down to between $90,000 and 
$100,000. After the dip, Crypto Waterman predicts that the Bitcoin price will 
rise from December 6 to mid-February, hitting a new all-time high (ATH) during 
that period. He expects the flagship crypto to rally to between $140,000 and 
$145,000. Notably, the crypto analyst has so far accurately predicted the 
November BTC price action, which he claimed was with the help of Chinese 
astrology. Based on this, the crypto analyst is confident that the Bitcoin 
price is about to have its final leg in this bull market cycle. He also 
expects altcoins to witness one final rally to the upside, predicting that 
altseason should happen between January and February. Crypto Waterman also 
revealed that he plans to exit most of his bags in mid-February or the 
beginning of March as the market enters the horse year. ‘Too Early’ To Call 
For New ATH Crypto analyst Colin has indicated that it is too early to predict 
that the Bitcoin price could reach a new all-time high. This follows the 
recent BTC rebound from its lows of around $81,000 last week. The analyst 
explained that a bounce was inevitable after the flagship crypto was so 
oversold. However, he isn’t flipping macro bullish on expecting a new ATH too 
quickly. Related Reading: Bitcoin To Suffer 40% Crash From All-Time High? 
Analyst Reveals ‘Final Target’ The analyst further remarked that such a bounce 
says nothing about new ATHs and that BTC must reclaim major key levels well 
above current levels to have a chance of reaching new ATHs. He added that he 
expects the Bitcoin price to reach $100,000 on this bounce, but that won’t 
mean that a new ATH is in sight. At the time of writing, the Bitcoin price is 
trading at around $87,500, up almost 2% in the last 24 hours, according to 
data from CoinMarketCap. Featured image from Pngtree, chart from 
Tradingview.com

Analyst Who Predicted Bitcoin Price Action With Chinese Astrology Shares When Prices Will Surge

Bitcoin is attempting a cautious recovery as dovish Federal Reserve remarks 
lift expectations for a December rate cut. Derivatives positioning shows 
traders preparing for both volatility and potential upside as macro conditions 
begin to shift in BTC’s favor. BTC Stabilizes While Markets Reprice Fed 
Outlook Bitcoin is showing early signs of stabilization after a turbulent […]

Bitcoin Finds Relief as Rate-Cut Odds Surge

Stakes over the recent Cardano network split have risen further, with founder 
Charles Hoskinson calling it a deliberate, targeted attack.

Hoskinson: Cardano chain split was a deliberate attack, not a bug

Japan mandates crypto exchanges liability reserves, requiring platforms to 
safeguard customer assets and manage operational risks.
The post Japan&#8217;s financial watchdog signals plan to require liability reserves 
across crypto exchanges appeared first on Crypto Briefing.

Cryptocurrency price in VND