~ further said that the end of this month until the end of the year, will be the most important point for the crypto market because at that time it will be a representation of the situation going forward. he said if by the end of the year some big coins pass their support point, then the market will not be fine going forward. but on the other hand if big coins like bitcoin, ethereum, bnb and others can stay at current prices, the start of the year will be a pretty good situation to trading.
This might come as a surprise to you but what your friend said is actually the sentiment of most people around here and in other crypto forums/groups.
Did he also mentioned what the support points are? That's an important detail you should ask. If we look back at the prices history, the $20K ATH in 2017, we saw a drop to around $3K in 2018. and from $63K ATH last April, we saw a drop to around $30K in July. Now, we're witnessing another drop from the latest ATH and it will probably bounce off around $55K ($50K at worse). I'm not an expert when it comes to TA but I don't see BTC coming back to $30K levels during bear market again if we're going to see a pump to $100K+ by EOY.