On the chart, you can see a five-wave structure. This concept is based on the Elliott Wave Theory, where we run out of growth at the end of the fifth wave.
At the moment, you can see that Bitcoin clearly lacks the fifth wave, which means that we are now in the fourth wave. Therefore, no matter how low Bitcoin plunged in the fourth wave, next year new historical highs await us regarding this concept, which is what I wish to all of us.
Happy New Year everyone!