A December Rebound - Santa rally incoming?

November was rough: market lost over $1T in days, $BTC dropped from $125K all the way to ~$86K

But today it's a bit different: whole market back up to $3.1T (+1-2% today)

Big reasons it's heating up? Fed's likely rate cut on Dec 15 (89% chance, cheaper money means more risk-taking), BTC ETFs sucking in fresh cash after outflows stopped ($55M inflows last Friday alone).

And there's also a December's "santa rally" coming soon (holiday season often pumps prices 10-20% historically).

It seems like the market has stablized enough. For long-term investors, prob a good time to buy the dip. I'm into it too.

#BinanceHODLer #BuyTheDip #oversold

BTC

89,920.01

-1.64%