December 25, the well-known "bankrupt whale" James Wynn issued an "extreme prediction" this morning, stating that "Bitcoin could double within 60 days to around $175,000, as funds may shift from stocks, real estate, and precious metals (all at historical highs) to BTC, which previously dropped 35% from $120,000."

However, he later tempered his prediction, saying that Bitcoin "will at least retest the 50-week moving average, which implies a gain of over 10%."
Earlier, on the 23rd, the well-known "bankrupt whale" James Wynn again took a 40x long position on BTC.