I plan to buy back Bitcoin around $86,000 for a short-term pullback trade. As mentioned in Sunday's report, I believe Bitcoin may retest the $97,000-$107,000 range before the next significant drop. This equates to a 20% drop from the current level, a reasonably risk-reward trade for traders, requiring strict stop-loss orders. Nevertheless, I remain very bearish on Bitcoin and will approach this market with the highest level of risk management. This means: once a stable profit is achieved, I will ensure a stop-loss is placed at the entry point; simultaneously, my short position at $115,000-$125,000 will remain unclosed.
This strategy is only for the next few weeks, after which a strong downward trend will resume, with even lower target prices!
Bitcoin remains extremely volatile and bearish in the medium term, and a strong downward trend could continue at any time, even before reaching the $97,000-$107,000 range. A larger, faster sell-off is entirely possible. Therefore, buying now requires extreme caution.
Short positions remain fully open.
Any upward movement is viewed as an allocation and liquidity grab for the next round of declines, with the 70k area remaining the primary target. If the price falls to the 97-107k area, I will again fully close out my spot positions for profit and add to my short positions with the profits!
Current Bitcoin Price: $86,288
Date: December 16, 2025