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Welcome to this BTC/USDT update. In my previous post I told you that BTC is retesting the falling wedge channel and after this retest it can pump but unfortunately that breakout becomes just a fake out and BTC is entered again in the channel.
Now, BTC is again trying to breakout but as you know the year end is near and also a 66B futures expiry on 31st Dec. so we might see a last shakeout before the real pump. I'm expecting that in the first week of Dec. we might see a real pump. Right now I'm waiting for the BTC to breakout from the triangle.
January is usually good for BTC.
Out of the past 11 years of January performance, 6 years are green, 4 are red, and 1 is neutral. I'm expecting a good move from BTC in the month of January.
Also, remember if BTC breakdown the 45k level then this chart become invalid.
Enjoy your New Year's eve with friends and family and be ready for making lot of money in the first quarter of 2022.
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