Bitcoin's feeling the holiday chill hard today – plunging ~3-4% to around $86K amid broad crypto sell-off, Extreme Fear (index at 16), and macro jitters like potential Japan rate hikes unwinding carry trades.
Bears are in control short-term: Long-term holders dumping, liquidations spiking, and key support at $82.8K-$85K under threat. If we break lower, $80K could come quick. Standard Chartered even slashed their EOY 2025 target from $200K to $100K!
BUT – the bull case shines bright: Strategy (MicroStrategy) just stacked another ~10,645 BTC last week for $980M, back-to-back billion-dollar buys! Saylor's all-in on the dip, pushing holdings to 671K+ BTC. That's massive institutional conviction when everyone's panicking.
My Real Prediction (Data-Based): Oversold RSI + historical post-dip bounces point to a relief rally soon. Expect $88K-$90K test in the next 3-7 days if we hold $85K support. EOY? Still eyeing $95K-$100K if holiday liquidity + ETF flows kick in – this dip could be the final shakeout before 2026 blast-off.
$BTC HODL strong or buying the fear? What's your move?
#bitcoin #BTC #CryptoDip #MicroStrategy #Saylor
