The 2017 run was a mega-bubble and this one is not.
2019 is a much better gauge for what could happen.
I'm guessing volume and volatility drop in the $30k-$35k area and we get a retrace to $20k-$25k.
Should happen by March.
April always a good time to buy.
If we make higher highs all bets are off...
It's possible this mega-bubble is even stronger than 2017 and we make higher highs at the end of every quarter.
Yeah, I could see that scenario. In the end I'm just not happy seeing this lower high. We very well could go higher in the near-term but the higher high streak for the past month or so has ended for the moment.
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Yep, I'm still holding out for an explosive blow-off top when Biden takes over but not holding my breath.
Still, February and March are usually... not great.
Best case scenario I get to take some obvious gains at the end of the month I think.