Bitcoin Monthly Chart Shows Prices Will Jump Higher

[beerlover]

I don't doubt it will go even higher but I am not entirely sure how higher? I mean we are at a really increased number right now and anytime we make a jump we return back down a bit, not back to where the jump started but not at the peak of the jump neither. Like it goes from $12.3 to $13.8 than goes down to $10.8, those types of moves makes it scary for me as well.

I don't know what and where this will end up with but eventually no matter how long it takes or no matter how high we get in the end there needs to be a stop and we really don't know where that is.

Now, finding the bottom and buying from there is the most important thing but I think finding the top and selling there is quite important as well and I do not want to miss it, I don't want to just think its another correction and have a 50%+ loss in my hands.

[Herbert2020]

the problem these days is that people are still surprised when they see bitcoin not-rise-everyday! apparently it is their expectation to see a constant rise and no drops whatsoever which is why you see a lot of confused investors in the past 2 days that we are seeing a simple correction.
otherwise we are already in a strong bull market that has brought us from $3100 bottom up to above $10k price which is already a 220% rise in the past 6 months. right now we are seeing a small correction and accumulation after profit taking, so that we can start the next wave of rises towards breaking the previous ATH followed by a year of rises to set a new ATH somewhere around $100k this time. but there won't be "jumps" as much as sometimes being predicted.