Hello TradingView Family, this is Richard, and I want to wish you all a Merry Christmas.
I hope you enjoy this Christmas-themed idea.
Can you spot a pattern here?
As shown in my last two Christmas posts (attached to the chart), BTC broke out of consolidation and surged by around 70%.
I believe this Christmas will be no different.
For the next bullish wave to begin, a break above the orange zone is needed, which aligns perfectly with the $100,000 round number.
What do you think? Will this Christmas follow the structure of the past two years, or will it be different and lead to a deeper correction⁉️
Always follow your trading plan regarding entry, risk management, and trade management.
And Remember: All Strategies Are Good; If Managed Properly!
Merry Christmas Everyone
~Richard Nasr