Bitcoin confirmed our earlier prediction that a drop below $60,000 would be beneficial to its bullish progress rather than detrimental. This drop made BTC more appealing to traders and holders who believe Bitcoin is just getting started in a massive rally that could take it to $100,000 by the end of December. As a result, purchasing power of largest Cryptocurrency cannot be overstated, especially now that selling pressure is easing as investors opt to HODL.