Pivot Point December

We failed to make 100k+ for December as the market needed more time to churn and consolidate in this pretty obvious ascending triangle to the upside. Will we see 200k+ pivot December in 2022? If we consolidate for a lot longer then chances are on a big YES to make a market blow off top and the beginning of the next bear market.

If this scenario plays out it will give alts a lot of time to have their wave 3 while Bitcoin consolidates.

Side ways chop in this triangle will trap a lot of bulls and most of the not-so-experienced bears, which makes for max pain. Max pain makes a lot of sense because Bitcoin is a sadist.

Will we also see a pivot point in the June/July time frame? If you look back over time the dates aren't always as obvious as mid December but the middle of the year is usually a smaller pivot point too.

Present: Hold Alts

Mid year: Hold Bitcoin while it has it's wave 5 and alts have their wave 4

Mid December 2022: Sell BTC for USD and/or hold alts?

Early 2023: Possibly hold Alts for their wave 5? (risky, and for how long? Have an exit plan!)