Bitcoin ‘Santa rally’ targets $120K as key BTC metric flips bullish

144 points linknukem28

Ssssuuuurrrreeee

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11 points DonkeyAsleep7884

Santa said so

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14 points dreampsi

Jan

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6 points FeelingVanilla2594

Breathe to doubt

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51 points Optimal-Repair-5289

The metric flipping bullish matters more than the target, polymarket pricing suggests traders see upside skew but not certainty. That usually means late longs get chopped while patient capital waits for confirmation, not headlines

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3 points ExpertLocality

Every cycle has a Santa rally headline right before people confuse momentum with inevitability

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3 points UsefullyScornful

Santa pulling up in a Lambo this year

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1 points f00dl3

Santa needs viagra.

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1 points 01Metro

Thanks chatgpt

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54 points setokaiba22

A ‘Santa rally’ Jesus Christ

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12 points morbo_2

I think it's technically baby Jesus......

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3 points asicarii

Want to invest in my new crypto coin SANTA?

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1 points Character_Minimum171

$ANTA

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9 points pepe1smth

I wont go in at anything higher than 80k… my average is already low enough

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23 points AngryFker

it targets ~96k for options expiration

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4 points SilentEchoBoom

What does that mean?

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-1 points Just__Russ

Shhhhhh, don’t tell the permabulls

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8 points ggPeti

Ah, the daily horoscope.

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5 points absurdcriminality

santa rally targets $120k

This title just gave me cancer

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1 points ggPeti

Venus is in the ascendant of Capricorn, with potential influence by Jupiter

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18 points kingjoeg

Thanks for the laugh

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6 points baIIern

Mods, I can't take this bullshit anymore. For God's sake how am I supposed to ignore these posts 😭

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8 points Hidden5G

Maybe. All depends on the casino players at the table.

It’s a speculative driven coin manipulated by whale games…all while dependent on the next wave of buyers paying more…while it offers no utility for the new financial system.

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3 points jclaslie

It is called a Santa rally because Santa isn't real, and neither is the rally

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9 points Cuadriello

Friendly reminder: None of you have any bloody idea what's going to happen.

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0 points Gen8Master

Do your parents know how clever you are?

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3 points DiddysAfterparty

Are those ants?

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8 points coinfeeds-bot

tldr; Bitcoin is showing signs of a potential 'Santa rally,' with analysts targeting prices up to $120,000. BTC/USD recently hit $89,850, up 6.5% from a local low of $84,400. Key metrics, including short liquidations and derivatives structure, suggest bullish momentum. Analysts highlight $84,000 as a critical support level for sustained recovery. While some predict a rally, others warn of possible drawdowns to $70,000. The market setup and historical patterns indicate tactical upside potential, but risks remain.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

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1 points Ordinary-Ad5776

It mostly goes up or go down. Sometimes it goes side way. You are welcome for this 100% prediction rate.

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2 points Porn4me1

Not close to the down cycle end There are people with new lower exit target numbers who will make a rally very hard to maintain.

Just average in and enjoy the discounts

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2 points dreampsi

People usually pull out for Christmas but first of year usually rallies

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2 points CrossPuffs

That's what they want you to believe.

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2 points The_Dude_2U

Tax harvest season = sell pressure.

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2 points lambdasintheoutfield

The charts are always bullish or bearish until they aren’t.

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2 points ParkingNecessary8628

There will be NO Santa rally this year. No Uptober, yes red November.

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2 points kaliki07

That santa hopium

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1 points Then_Helicopter4243

sure, santa hopium

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2 points Sleepwokesleepwoke

Pathetic

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2 points twendah

Lets goo all innnn!!!!

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2 points fschu_fosho

Last year BTC and ETH soared the highest around the holidays. Can’t see the full Dec 2024 view on Coingecko now but iirc we saw a months-long peak on Dec 25 or thereabouts.

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1 points boringtired

Who the fuck is Santa

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1 points jaccleve

A Christmas Miracle

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1 points MariachiArchery

Snip-snap! Snip-snap! Snip-snap!

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1 points Dipset219

Trump media buys 451 bitcoin today

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1 points Erocdotusa

Sadly in reality we can't even hold 90k before the sell algos scam it back down

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1 points benedictwriting

Bitcoin creates its own targets now?

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1 points Electronic-Strike900

Bullshit go to 30 k already quit playing

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1 points FinalHeaven182

And here I was thinking 'I haven't heard anyone say Santa Rally yet this year.'

Welp, never mind.

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1 points PlatinumTrillionaire

Hahahaha scam article

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1 points Open_Masterpiece_549

120k with so few days left seems unlikely

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1 points f00dl3

93k called and said "Oh hell no!"

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1 points mickalawl

Uptober was a scam, but There is still time for dumbcember.

Wont someone think of the oligarchs this xmas?

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1 points MarioWilson122

Well santa might be targeting that, but he will likely be coming up short.

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1 points Nostalg33k

100k eoy 2022 is back

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1 points Natural_Rebel

Trust me bro

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1 points Numerous_Wonders81

Algorand

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1 points J-96788-EU

$180k tomorrow

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0 points theycallmekimpembe

Not Happening. It will bounce again at 94,5K latest. Go back to around 85 and possibly drop even further.

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0 points UnstoppableWeb

Is the "Santa Rally" in the room with us now?

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0 points ElephantEarTag

Like two weekly closes below the 50 week SMA, which has signaled the end to every BTC bull run. Sure, super bullish. These articles are garbage.

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-2 points lessgo321

40k

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