We’re at the end of an eleven month pattern where Bitcoin has continued to disappoint and shed bullish sentiment.
I expect the chart is self explanatory. The lower highs and higher lows will meet each other this holiday season and, with that, cause Bitcoin to learn what it is and how it will be for the next six to twenty six months.
There is no insight I could provide that couldn’t be easily refuted but there is one thing that can be said with any certainty: the price will never move left.
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