Technical analysis is 99% hinged on the fact that history will repeat itself
History has never favored Bitcoin in January 👌
Will January of 2021 be an exception or obey the tradition of History .
If history will repeat it self when will this bubble burst? 🤩🥳
Like the popular saying Buy the Rumour Sell the News
Shorters get ready..
NO, It’s Not a financial advice 😋
The fact is that bitcoin has been breaking All Time High almost every week now and it has been long since a correction has been occurred.
A correction is definitely needed at this point to stabilize the gains. So I do expect bitcoin to fall back a little in early 2021.
But that doesn't mean that bitcoin will dump like the 2018 dump because this bull run is more mature than the previous one.
A correction might occur but it will be recovered quickly and won't last long before the next ATH occurs.