The current trend almost perfectly replicates the smallest level of correction in 2021. The key today is that if the price can touch $94,000 again and achieve a daily close, it would be considered a strong performance, and the current strength may even exceed that of 2021. Of course, if you believe that Bitcoin will fall below $80,000 in the next 1-2 months and that the bull market has ended, then selling now is also completely reasonable. Timing the top is very difficult, but judging the direction of the trend is relatively easy. Just like the operations in April this year and November 2021, it is important to take profits promptly at the clear end of the bull market.
From the current technical indicators and market trends, the end of the bull market has not yet arrived and is still in an early stage. Of course, the final deadline for adjustments is around December 20, after which a recovery in the upward trend is expected.
