From a historical point of view, we can see that whenever a 'three white soldiers' candlestick pattern was made on the monthly chart, a bullish rally was developed with substantial gain.
Look at the chart. You can see that another one has already been made by the end of December, and actually it had given its signal since then! So why waiting more to buy it?!
I understand that we, as traders, always like to buy at BEST prices, e.g. after a correction. But don't forget that obsessively looking for such corrections, may result in losing current prices, which are in my opinion far from new ATHs even in 2021!
Be realistic. Those $20K levels never touched again, and even WE MAY NEVER SEE $40K AGAIN!
From the parabolic pattern that I drew in the chart, we can expect new ATH to be as high as ~$270K by Oct 2021.
Good luck!
Look at the chart. You can see that another one has already been made by the end of December, and actually it had given its signal since then! So why waiting more to buy it?!
I understand that we, as traders, always like to buy at BEST prices, e.g. after a correction. But don't forget that obsessively looking for such corrections, may result in losing current prices, which are in my opinion far from new ATHs even in 2021!
Be realistic. Those $20K levels never touched again, and even WE MAY NEVER SEE $40K AGAIN!
From the parabolic pattern that I drew in the chart, we can expect new ATH to be as high as ~$270K by Oct 2021.
Good luck!