Bitcoin's wrapping up the year in rough shape, and the crypto community's seriously divided on what plays out next. You've got two camps clashing here—some traders banking on deeper losses before we see the next real rally, others convinced that underlying demand will eventually muscle through and flip the script.

Michael Terpin throws his hat in the ring with a specific take: he's watching for a potential dip toward the 55,000 to 65,000 level. It's the kind of near-term pullback story that's gotten plenty of airtime lately. Whether Bitcoin bounces off that support zone or breaks through lower—that's the million-dollar question hanging over the market right now. The divergence between bears and bulls never looked sharper.