If I look back and history will repeat itself, we experienced a reasonable bull wave in both the first week of January 2017 and the first week of January 2021, followed by a very rapid correction of around 50%.
To be honest, I expected the correction, but not that the bull run would last so short.
To the extent that this pattern repeats itself, we will consolidate next week. The positive thing about this is that around the time of the inauguration of Trump or any US president, a good bull run follows.
Despite this ugly rejection of important zones and despite the fact that we really have a deep correction, it is exactly in line with the previous periods in January and we will see our deposit doubled quite a few times from January 20.
So here I would say. Take advantage of the discount you get. Hang in there a little longer and as long as we continue to hang around this price next week, you will be rewarded afterwards.
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