when most bets I know of are on 100k by December, it feels like there is some risk a lot of market gamblers will wind down their risk as soon as this target hits.
I personally don't put that much thought into this group of traders because they don't shape the long term movement of bitcoin, so far their effects have been very short. A good example of such a scenario is whenever we hit the previous ATH after years of trying, $1.2k in 2017 or $20k this year. This are big targets that these gamblers start selling at. $100k won't be any different and at worst they will postpone the continuation of the rise for a month.
A far better scenario is for the new phase to continue gathering momentum over this Q4 and then hope the inertia only comes into play end of Q1 2022.
That's what I'm hoping for too.
