Krypto Dragon
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GET READY FOR A MASSIVE BLOODBATH AND WHY BITCOIN IS HEADED TO $70K BEFORE CHRISTMAS!
Hey Family!!! Get ready to buckle up because bitcoin is about to give everyone a lesson as to why we should never get ahead of ourselves when it comes to charting the future of the cryptocurrency world.
It is no secret that many thought there would be one massive celebration at the end of the year; however, the reality is that bitcoin is closing out 2025 with some bitter tasting news. Currently, the number one cryptocurrency is currently trading around $88,330, yet analysts, such as CryptoOnchain, see evidence of the price needing to "catch their breath" prior to further rises.
So what is actually taking place? First, let me explain one critical technical term you need to understand - the Point of Control (POC). In short, it is the price level where the majority of individuals have bought and sold. As bitcoin has not shown the ability to break through past high points, the price will most likely go back to find support between $70,000 to $72,000.
I know this may seem like a bad thing, but think of it this way: That range was the top of the previous cycle and is now going to be the new solid bottom. The longer the price can hold above the $70,000 mark after dropping 20% from current levels, the more aggressive the buyers will be to enter the fray, thus creating a much better environment for 2026. But, please pay attention to the data, as if we lose that support, the correction will potentially be both deeper and longer-lasting.
Also, the RSI (which is like the thermometer that shows how hot or cold the market is), is showing a divergence, which confirms that the bull run is losing steam for now. We are currently experiencing a global trade climate that is almost identical to what we saw earlier in the year.
Now, the real question is whether this pullback is the "tiger leap" that will send us soaring again or is the market telling us that winter is coming sooner than we all thought.
Ultimately, markets do not go up in a straight line and these shakeouts separate those who truly know what they are doing from those who simply acted based on emotions.
It is no secret that many thought there would be one massive celebration at the end of the year; however, the reality is that bitcoin is closing out 2025 with some bitter tasting news. Currently, the number one cryptocurrency is currently trading around $88,330, yet analysts, such as CryptoOnchain, see evidence of the price needing to "catch their breath" prior to further rises.
So what is actually taking place? First, let me explain one critical technical term you need to understand - the Point of Control (POC). In short, it is the price level where the majority of individuals have bought and sold. As bitcoin has not shown the ability to break through past high points, the price will most likely go back to find support between $70,000 to $72,000.
I know this may seem like a bad thing, but think of it this way: That range was the top of the previous cycle and is now going to be the new solid bottom. The longer the price can hold above the $70,000 mark after dropping 20% from current levels, the more aggressive the buyers will be to enter the fray, thus creating a much better environment for 2026. But, please pay attention to the data, as if we lose that support, the correction will potentially be both deeper and longer-lasting.
Also, the RSI (which is like the thermometer that shows how hot or cold the market is), is showing a divergence, which confirms that the bull run is losing steam for now. We are currently experiencing a global trade climate that is almost identical to what we saw earlier in the year.
Now, the real question is whether this pullback is the "tiger leap" that will send us soaring again or is the market telling us that winter is coming sooner than we all thought.
Ultimately, markets do not go up in a straight line and these shakeouts separate those who truly know what they are doing from those who simply acted based on emotions.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.