Can Bitcoin break 100,000 in December? My answer is: Yes, but the road won't be smooth.
First, let's look at the short term. The level of 95000 will be the first hurdle. After breaking through, it is likely to pull back to around 90000. In a more extreme situation? It may drop to 80000 on a second bottom test.
Let's talk about why from a technical perspective. On the four-hour chart, the bullish momentum hasn't truly taken off yet. The key is at the 12-hour level—once it touches 95000, it will encounter double resistance and be smashed back to 90000. If it can't even hold 90000, then prepare to welcome a double bottom formation.
As for the integer level of 100,000, the pressure at the daily and weekly levels is no joke.
So don't have too high hopes for December. The current situation is very clear: the bears are still strong, and the bulls are still gasping for breath. Remember this rhythm, and don't be blinded by short-term rebounds.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
14 Likes
Reward
14
8
Repost
Share
Comment
0/400
Ser_This_Is_A_Casino
· 14h ago
95000 is about to be smashed back down, this wave is likely going to play people for suckers again, the short positions are pretty fierce.
Breaking 100,000? Dream on, just wait for the double bottom.
The long positions are still gasping for breath, we are still waiting for a rise...
If 90000 cannot hold, it's really over, and then it will be another plummet.
Short-term rebounds are all traps, don't be fooled, everyone.
This pattern looks uncomfortable, the short positions are still in control.
With such strong pressure at the round number threshold, it's not that easy to break through.
We are going to keep rubbing around 90000-95000, it's so annoying.
I'm really scared of 80000, if it drops below that, it will be a big loss.
It seems December is going to be a turbulent month, the best strategy is to sit tight and fish.
View OriginalReply0
View More
NFTFreezer
· 20h ago
95000 smashed back to 90000, so what now? I just want to know if it can really hold above this time.
It's another double bottom pattern, they said the same thing last year.
Short positions are indeed still there, but don't let it scare you too much.
100000 feels like a psychological barrier, technically it can be rounded off anyway.
Can it break 100000 in December? I bet it can, but it needs to go through a few pullbacks first.
View OriginalReply0
RamenStacker
· 20h ago
If it can't break 95000, it has to whipsaw; this round of short positions really still has some strength.
If it really drops to 80000, then that's really exciting; let's just watch the show in December.
The double bottom is back again; every time they say double bottom, haha.
Break 100000? December? You're thinking too much, fren.
This rhythm is just playing people for suckers; those who go all in on the rebound will have to pay tuition.
View OriginalReply0
GasGrillMaster
· 21h ago
Again talking about the double bottom pattern, it sounds so real, I just want to ask if 95000 can really hold.
Wait, with this logic, if 80000 really gets dumped, what am I supposed to play with?
I believe in the strength of short positions, but is it really that pessimistic for December? It feels like you're being bearish, buddy.
If 90000 breaks, is it all over, or is there still a chance?
One moment it's 95000, the next it's 80000, how am I supposed to keep up with your rhythm?
View OriginalReply0
BearMarketMonk
· 21h ago
95000 is about to be hit hard, this time it's really precarious...
Wait, are the short positions this fierce? It feels like it hasn't been this severe before.
Again with the double bottom and the second bottom test, it's getting a bit annoying to hear, but this guy's logic is indeed clear.
Hoping for 100,000 is simply unrealistic, let's just honestly hold 90000 in December.
If the volume hasn't picked up, don't even think about it, it's too early.
View OriginalReply0
PumpStrategist
· 21h ago
It seems that the hurdle of 95000 is about to stage a classic "feint", don't ask me how I know, the chip distribution has already formed [laughing and crying]
View OriginalReply0
NewPumpamentals
· 21h ago
95000 is definitely going to crash, don't ask me how I know
This surge to 100000 is really uncertain, short positions are still making money
I wouldn't be surprised even at 80000, be mentally prepared, brother
Rebound and run, don't be greedy
Once a double bottom appears, you have to consider Cut Loss
Short-term is pleasant, long-term is explosive, I choose to leave alive
Can Bitcoin break 100,000 in December? My answer is: Yes, but the road won't be smooth.
First, let's look at the short term. The level of 95000 will be the first hurdle. After breaking through, it is likely to pull back to around 90000. In a more extreme situation? It may drop to 80000 on a second bottom test.
Let's talk about why from a technical perspective. On the four-hour chart, the bullish momentum hasn't truly taken off yet. The key is at the 12-hour level—once it touches 95000, it will encounter double resistance and be smashed back to 90000. If it can't even hold 90000, then prepare to welcome a double bottom formation.
As for the integer level of 100,000, the pressure at the daily and weekly levels is no joke.
So don't have too high hopes for December. The current situation is very clear: the bears are still strong, and the bulls are still gasping for breath. Remember this rhythm, and don't be blinded by short-term rebounds.