a few weeks back I really thought we were going to burst through 20k and than correct but we double topped around 19k and entered correction mode that some say will lead us to 8-10 k ....my charts show we dipped to 11k and than shot back up fairly quickly but we remain at a steady downtrend and are having trouble getting back to the green uptrend line which is seen on the chart. Seems like BTC dominance is very low and that is leading to an extreme lack of volume which is why we are having so many failed breakouts... As far as fundamentals go I do not see anything as of yet that points to the downtrend but as far as TA goes this correction has been pending since we blew passed 10k ..... even though we have had great news these passed couple months such as futures and a possible ETF by next year ... us being priced at 20k is a little much. That's not me being negative that is just me being realistic. Lets see what the new year brings us and best wishes to all of you....
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Thank you
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Thank you