I thought Bitcoin would have taken off already and with December 31st around the corner things are not looking good for Bitcoin. Honestly the top of Bitcoin may already be in but as I type this 90% of the people I talk to think Bitcoin will still hit $100k this year. I don't believe it. We may have to accept defeat soon until the next Bull Run. What do we see here? Weekly BEARISH divergence, a HUGE Weekly M pattern being formed. The only thing left for Bitcoin to jump up one more time is a miracle in the next 31 days. I'm selling all my Crypto on December 20th, these next 3 weeks of December are going to be the most crucial. Perhaps Bitcoin will launch the day after I publish this, or perhaps we will be bouncing around in the $30-40k's until Summertime.
Comment:
It looks like the M pattern has been completed and now the bounce up will begin.