Awesome analysis on bitcoin you made, personally I see bitcoin coming into 10k$ or even 6k$ to shake the weaker investors out of the market before we could see new highs being printed. This happens in the Forex market and maybe any other financial market, people who are unable to bear with the pullback and are not experienced or gotten used to how the market moves will be shaken out before we see psychological level of 20k$ being taken out.
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These people here ARE the weaker investors. My impression is all the newbies who got in over the last two months are almost gone and only the old hodlers are now keeping Bitcoin afloat... the price is now at early December level but to be where the last parabolic run started, it would have to go down to 8k. Lets wait another week I guess.
That’s true, I totally agree with you
Or maybe not... I see some more consolidation, this is the 6th time we're crossing 13500... volume slightly increasing... life is so complicated ;)