🚨$BTC Update: From $126K Highs to Winter Chill – But Bulls Aren't Done Yet!🐂❄️
Bitcoin's been on a rollercoaster this December. After smashing an all-time high of ~$126K back in October, it's pulled back hard to around $87K amid a broader crypto winter.
Bears are roaring with negated uptrends and structural selling capping every bounce – think range-bound action until a breakout decides the year-end vibe. kitco.com +1 Even Trump-era crypto bets that boomed are busting now in the pullback.
But here's the spark: MicroStrategy just loaded up 21,000+ BTC this month alone – that's serious institutional conviction amid the dip!
Analysts say the 4-year cycle's now fueled more by politics and liquidity than halvings, hinting at a potential flip if election vibes and holiday flows kick in. (P.S. BTC doesn't just need another bull run – it needs a full economy to thrive long-term.