Bitcoin’s precipitous drop to $6,600 seen earlier this month caught many people by surprise. We did predict the subsequent bounce to $7,800, where BTC got to over Thanksgiving. But where is it going in December. We discuss.

Great Zoomed Out Chart to understand where we are headed.

Great Zoomed In Chart to understand December clearly.

Key Take Aways:

Will not go lower than 5K Bitcoin in December

Will not get higher than 8400 Bitcoin in December

Do not expect Bitcoin to go to 3K or 4K.

We are…