I was advised to take profit until December
Updated
Not really sure but it does look like we are getting a pull back any time now. A foreign trader showed me this and said they are selling most of their crypto holdings to buy the dip. I decided to share this and see what you all think. Regardless of what happens holding will not affect your portfolio very long but it does give a opportunity to lower your average and pull bitcoins off the market. Less bitcoins in the market the higher the bull market will go. Can't wait for next year.
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perceptive thinking has me concerned with the higher high on the chart. Similar to 2019 to 2020 when the short bull run happened and bitcoin crashed 63% in less than 30 days. If bitcoin crashes from this level the next low predicted will be between January 26th and February 19th if manipulation continues. If bitcoin crashes the next 30 days and shows support then a battle will occur the hold the price down at 20,000 to buy up supply then the whales will pump the hell out of it to inflate their holdings.Attention to details:
December 10, 2018 to March 9, 2020 copy the pattern and overlay it over the past years trading. the only difference is we have a higher peak on the right side of the pattern. I hate to say it but when this happens it is usually volcano time and stop losses will get wiped of the order flows creating a chaos of losses. Prepare for the event even if it doesn't happen you will be ready to buy the dip.
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RSI cooled down on the daily and if the 50ma close holds support then bitcoin could close the month of November around 42k usd. Look close at the retrace.Note
This account Divergencemaker83 is being closed. Not secure someone hacked me and got all my charting and trade data.
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