Bitcoin has had a meteoric rise from the ashes this year. It tanked hard with the Corona dump, but has since then had amazing move after amazing move. The most recent move however has pushed bitcoin well into oversold territory. The FOMO so far has kept it from dumping in any meaningful way over the last couple months. Sure we had a double digit pullback recently, but nothing like we saw in the last bull run. We are due for a 30%+ pullback in my opinion. Based on previous patterns, I believe we are due for a short term dump close to Christmas. I wouldn't be surprised if we saw another short pump up to and past 20K, but it would likely be short lived and trap longs. The past is not a guarantee of the future but it does provide some insight of what may be coming.