Bitcoin is currently up, sittiing at around $3750 at the time of this post.
The general crypto market has had a sweet start to the holiday seasons, with over $19,000,000,000 being added to the market since December 15th.
At this pace and momentum, we could hit $6000 as early as January.
Many are speculating that this could be a run up due to BAKKT launching in January and NASDAQ launching its futures platform.
This also in correspondence with the fact that ETFs are coming up once again means a lot of FA are going to drive bitcoin.
It remains to be seen of thos move up is sustainable or if its just another bull trap for shorters to squeeze.
Im watching the market intensely, if we cant break above $4000, then we might get a crash down back to $3000 and most likely $2800.
If we test $3200 and dont go below it again, we might say we have found a good support to rally from.
As always, dont take any financial advice from this, this is for entertainment only.