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Below is an analysis of the recent market
I have studied the candlestick patterns over the last three to four years, and it seems that Bitcoin crashes during Christmas and surges around the New Year holiday, followed by continuous fluctuations. This year, at least around the New Year, the market trend should be similar to previous years, especially with Trump becoming the U.S. President and a series of supportive cryptocurrency policies. However, the crypto market is cyclical, and a significant increase will definitely lead to a correction. My view is to wait for a Bitcoin black swan event and then buy at the bottom. The current position has been around 100,000, and as soon as Bitcoin corrects, altcoins will plummet, possibly even to zero.
You can also wait for new hot memes and new concept tokens, following the trend without trying to predict the market, because no one knows what major events will happen next year.
