Bitcoin Struggles Around $112,000, But Here’s Why The Bull Run Is Not Over Yet

Bitcoin’s (CRYPTO: BTC) is languishing around $112,000, but a prominent trader remains adamant about a strong end to the year.

What Happened: Trader Mayne has taken a bold countertrend long on Bitcoin around $112,350, despite multiple bearish signals in the market.

Mayne described the trade as “pre-emptive,” acknowledging that Bitcoin’s weekly, daily, and 12-hour structures are currently bearish, making it a high-risk setup.

His decision is based on the confluence of support levels, suggesting …

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