Fade the Fear: Astronomer Says BTC Next Leg to $112K–$160K Starts Now

Crypto markets opened the first week of winter in turbulence, with sharp price swings and fragile sentiment dominating trading. Even after a rebound from November’s sell-off and more than $13.5 billion in fresh liquidity from the Federal Reserve, macro risks continued to weigh on confidence, keeping traders on edge.

As volatility intensifies, attention is shifting to how seasoned traders are positioning. DailyCoin analyzed real-time commentary from veteran crypto trader Astronomer (@astronomer_zero), who has spent more than eight years in the market and shares live trade insights with over 48,000 followers on X, to assess his latest outlook on crypto markets.

A Contrarian Bull Case

Posting to thousands of followers on X, Astronomer argues that Bitcoin’s macro bull market remains fully intact, despite rising volatility and shifting sentiment.

He forecasts a minimum upside target of $112,000, with a possible extension to $118,000, while insisting that any pullback toward $90,300 or $88,000 should be treated as consolidation rather than a trend reversal.

Trading the Structure

Astronomer’s framework is built on price action, Fibonacci retracements, and institutional-style trading logic, rather than traditional indicators.

He tracks the 0.75 Fibonacci level near $93,000 as resistance, the weekly open around $90,300 as a liquidity magnet, and the 0.5 Fibonacci level near $88,000 as a high-probability support zone

From there, he expects a rebound that would reclaim the yearly open and push above $94,000.

Astronomer maintains a bullish medium-term outlook, projecting $112,000 with 99% conviction and $118,000 with a 91% probability, based on historical capitulation patterns. He does not expect any weekly closes below $80,600 for at least nine to thirteen weeks, extending into March 2026.

Long-Term Outlook

On the longer cycle, he argues that the Bitcoin bull market is still in place, with a new all-time high most likely in January 2026 and a possible early test as soon as December

He forecasts the four-year cycle peak could arrive between February and March 2026, with price potentially extending toward $160,000 if market euphoria builds

Ethereum Outlook

Astronomer also highlights that Ethereum remains in a strong bullish high-timeframe structure, and that current bearish market sentiment is largely a trap.

According to him, many traders are again calling for cycle tops after a small sweep and pullback, misinterpreting these moves as signs of market weakness

He argues that small sweeps and short-term pullbacks are not valid signals of a macro top in today’s market, which he says is increasingly dominated by large capital and whale-driven order flow.

He believes significant liquidity sits above current ETH price, making continuation more likely than a macro top. His view: ETH is not topping, and the market is setting up for a move toward over $5,000 and a new all-time high.

Real-Time Trading

Astronomer actively trades BTC perps and spot, sharing entries and exits in real time while scaling positions to manage risk.

On December 3, he entered a long between $84,100 and $90,000, targeting $93,000, closed most of the position, and left a 5% runner, booking +2.5R.

On December 4, he flipped short near $93,000, took partial profits at $91,800 and $91,000, held 50% of the position, and reported roughly +2R at the time.

Since then, he has maintained a small long runner while monitoring New York open order flow and spot premiums for re-entry opportunities. He remains sidelined on new longs above $91,000.

He typically deploys around 20% of his account per swing trade, targeting roughly 2% gains per 1% BTC move.

The trader’s message remains clear: pullbacks are opportunities, not failure points, and if broader sentiment turns bearish again, he expects to lean even more aggressively into contrarian long positions.

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People Also Ask:

What is a Fibonacci retracement? A technical tool that uses key ratios to identify potential support and resistance levels during price pullbacks.

What is a bull market “macro structure”? A long-term price trend supported by higher highs and higher lows, indicating sustained upward momentum.

What does “capitulation” mean in crypto markets? A phase where investors sell aggressively in fear, often marking local market bottoms before price stabilizes or reverses.

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