Is This the End of the Bull-Market?

Or are we just getting started...

Some say this is the end of the bull run, and some say it’s just begun…

One thing is for sure: The chart is saying something.

We have a BIG week ahead of us, and if you’re not aware, your P&L may suffer. 

Let’s talk about how we can take action on the crucial market events that have happened recently…

(P.S. Steadman is hiding from you)

Topics🔥

Will Bitcoin Bounce Back?

Bitcoin's all-time high is currently $103,844.05.

The crypto market took a hit on Tuesday, with Bitcoin dropping below $95,000 again, and meme coins like Dogecoin and Shiba Inu saw big losses. 

DOGE: -12%

SHIB: -15% 

FLOKI, BONK, WIF: -20% 

The drop in Bitcoin and other big coins like Ethereum led to over $1.5 billion in liquidations, with Binance seeing the highest at $734 million. 

With crypto in a recent pullback, analysts are predicting a significant rally with a potential run to new all-time highs…

Here’s a look at the Bitcoin daily chart: 

Price is trading within an ascending channel and showing upward momentum. 

There are strong support levels at $92,500 and $94,000, along with increasing institutional interest and decreasing supply on exchanges, pointing to further growth. 

Other coins that are starting to recover: 

ETH: +8% 

XRP: +9% 

ADA: +12%

Is this the top for crypto? Are we nearing the end of the bull run? 

Crypto hedge fund manager Daniel Cheung sees more buying opportunities ahead due to market volatility, with pullbacks likely presenting "buy the dip" moments. 

Analysts expect BTC could reach $121,290 in the near term, with some predicting a peak of around $178,000 - keep in mind that around all-time highs we tend to see more wild callouts from hyper investors. 

Current BTC all-time high: $103,844.05

If you’re looking to buy Bitcoin this Christmas, keep in mind that around this time of year, bullish months often align with pre-halving momentum, while bearish ones coincide with market corrections.

So the real question is…

Are we in a pullback? Or do we have momentum?

Subscribe to keep reading

This content is free, but you must be subscribed to The Market Journal to continue reading.

I consent to receive newsletters via email. Terms of Use and Privacy Policy.

Already a subscriber?Sign In.Not now