James Wynn: Optimistic about Bitcoin rebounding to $97,000 to $103,000, followed by another decline.

2025-12-04 08:28:14

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BlockBeats news, on December 4, “bankrupt” trader James Wynn confirmed in a post that he closed his Bitcoin short position 5 days ago and is optimistic about a rebound, expecting it to rise to the $97,000 to $103,000 range. He then expects another decline. According to the accompanying chart, James Wynn predicts that Bitcoin could bottom out at $46,618. Previously, on December 2, James Wynn’s address (0x8da) opened a BTC long position with 40x leverage at an average price of $85,400, with a position size of about $2.95 million and a current unrealized profit of $57,000 (77%). On November 10 and 25, James Wynn posted bearish predictions on the X platform twice, “accurately warning” of a Bitcoin decline, although the drop was far less than his predicted level ($67,000).

BTC-0.39%

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