For giga HODLers onlyBitcoin / USDBINANCE:BTCUSDBek87aliThis idea is strictly for macro HODLers, not for those trading the monthly, weekly, or daily charts. As you can see, the global trend is clearly bearish. It looks obvious that the price is heading down to fill the CME gap around $46k by the end of the year. I highly doubt the bulls can pump Bitcoin to $100k anytime soon. We are moving down very smoothly and predictably. If you're looking to invest, I wouldn't recommend buying right now. At the very least, it's safer to wait for $50k before looking for entries. To reiterate, we might see some noise and volatility on the lower timeframes, but as long as this gap remains open, there is no real catalyst for a reversal or a run to new ATHs. Disclaimer: This post is purely the author's speculation and definitely NOT financial advice (NFA).