Dear @karamyog

I do not think that Bitcoin is fully out of the woods yet but the ongoing correction has been enough to bring back negativity in the crypto media outlets.

At the end of the year many people and institutions are cashing out (tax purposed) their crypto. And I kind of believe that most of them already are done with that process. After all, there are only few days left and christmas are coming. So people will be busy with other things.

That could reduce selling pressure, which has been obviously quite present.

Also christmas time is usually a time, when people spent more time online. Watching youtubers. And pumping themselfs up with those youtubers optimism and energy. So I would expect beginning of the year to be already much better than recent 2-3 weeks. Accumulation phase lasted already quite a while, so perhaps it's time for another price break-out?

Kraken's CEO does not CEO Bitcoin hitting $100k this year
Is this sentence correct? It doesnt look like it is. "CEO does not CEO" ? What ? :)

I think he is wrong about any extended bear market for crypto.

As long as money printing will last - capital will be running into assets. And BTC is the most superior and popular asset. So I would be shocked if this particular asset would not do well.
And you had a good point. We didn't even see any sort of hype and mania yet.

ps.
I'm sure that just few weeks ago, you've expected price of BTC to be at very different levels by end of the year. Im pretty sure you predicted some push upward and perhaps even reaching new all time high.

I was definetly one of those people who expected that. All the way until that recent flash-crash and massive liquidations which followed.

Stay safe and healthy. And ... merry christmas! :)
Yours, Piotr