We've all been fooled, and I warned about that in the last Bitcoin post I posted.

Bitcoin hasn't made the correction it was supposed to make, and we've had (despite Trump's announcements, who announced himself as one rather than a crypto president, but actually hates them, he did business as usual) and all cryptocurrencies have made very significant corrections in the market.

This is due to two reasons: the power that one person has to control the masses with speech, and second, the market was very advanced. For the bull and bear cycles, the real rise should have actually started in March, not November. And what we saw was a result of the elections, which were simply a Trump effect.

This month the market should start to rebound, although Bitcoin still has a great possibility of correction to the 80-87K area.

This is not investment advice.