Recently, I've been staring at the calendar and noticed there are three dates in December that deserve a red circle.

First up—the Fed interest rate meeting on the 11th, with the market pricing in an 87% chance of a rate cut. The probability is so high that it's almost scary to bet against it, but if there's an unexpected twist, the market could get seriously rattled.

Things get even more exciting on the 19th. Over at the Bank of Japan, the rumors are heating up and a rate hike might finally drop. Don't underestimate this—once the yen tightens up, the global liquidity pool will shrink, and all kinds of risk assets will need to reassess.

The grand finale is on the 26th—the annual BTC options expiry, with a notional value of $23 billion. The bulls are eyeing the $100,000 mark, while the bears have stacked up heavily at $84,000. The battlefield will be right between these two levels. Once the tug-of-war kicks off, the volatility could leave everyone dizzy.

With these three events lined up, it's safe to say December won't be calm.