The verdict is yet to be made on BTC. We will know Dec 15.
147
BTC needs to hold these levels in order for a Santa Claus rally to be come. A sustained break of 44K will be a bloodbath for crypto and we will be expecting lower levels if this happens. All eyes are upon the fed's announcement of their taper plans after Dec 15. A sell off may come early next week due to fear in the market before that announcement. Afterwhich I expect to see a strong rebound as long as the tapering and rate hikes does not end in January.