Famous trader: Bitcoin is ready to welcome the Christmas market, $106,000 is the key level.The well-known trader Pickle Cat stated on her personal channel that everyone is shouting Bear Market, but after carefully studying every macro signal, she found that everything points towards a big bull run. From a Technical Analysis perspective, the key price level for Bitcoin is 106,000. She is optimistic that a big market will arrive before Christmas, and the probability of a pullback is very small.
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Pickle Cat: From a macro and on-chain data perspective, Bitcoin is not bearish at all.
According to Pickle Cat's observations, the Federal Reserve has cut interest rates twice this year, and quantitative tightening will officially end on December 1, which means that the pressure from capital outflows in the market will be alleviated. At the same time, inflation is cooling, the dollar is weakening, and institutional investors are entering the market taking advantage of retail investors' panic. She pointed out that the only uncertainty at the moment is the risk of a government shutdown, and once that is ruled out, the market
ChainNewsAbmedia·2025-11-10 15:14