 what's going on guys in today's video we are talking about these yellow markings that you see here so basically we have looked back on historical data for the last what is it three years since 2017 and as you can see there has been a switch in trends every single year so as you as you know in 2017 we hit the previous all-time highs um and then in mid-December after mid-December we saw that top and then we switched trends and that led to the trend for the for the entire next year and in mid-December again we switched trends then in 2019 as you can see here even this was not the bottom for 2019 as you can see we were grinding down slowly and then here mid-December again after mid-December we switched to back to the upside you know until of course the pandemic this year that changed our direction but we jumped back on track from where we started and now mid-December again we have hit a new all-time high just like we did after mid-December in 2017 now is it possible that this is the top for this rally or is it just a coincidence that's what we're going to cover in today's video so stay tuned guys guys make sure that you like and subscribe guys hit that notification bell and drop a comment let us know if you've been in this bull run and if you guys are interested in using the exchange that we use we use bybit and in the description we have a link where you guys can sign up through that and you'll be able to get some rewards on your initial deposit up to around a hundred dollars or more so without further ado let's jump right in guys so this chart right here it goes back you know four years basically since 2016 what what has happened every December right so we noticed something that happens every December so we start off all the way back here we have to go into the daily all right so let's look at the famous December 2017 right this is when we had the crazy bull run let's look at where that started um well not where that started but let's look at mid-December so December 15th and let's highlight this until the end of December so till about here right so that's that was what happened on the second half of December it basically it printed a top and then there was a reversal from the direction it was going at that point so you can see here um around December 15th or so December 17th 16th um is when we had the all-time high at that time and then it started changing directions right um and the rest is history as you guys know then let's take a look at December again but of 2018 so if we look at December 2018 around the same time period let's look for the 15th of December to the end of December is around here so you see here we kind of printed a bottom we bottomed out here and reversed in the opposite direction right so we had that bottom of around 3000 and started taking off now obviously it's not a huge move but there was a reversal and we we moved up right we printed a bottom for that basically for the year so we printed a bottom for the year the pre the for the rest of the uh next year and then in December 2017 we printed the top for the next year now let's look at um here last year so this is a year back December one year ago let's go ahead and do the same thing here look for December 15th so there was a here there was a lot of consolidation but you see that again for the range that it was currently at it printed the bottom of that which led to the move that happened this year and now obviously there was a black swan event where we had the big drop off because of the the pandemic but I believe if we did not have that black swan event we could have got to the all-time highs quicker than we did right um because we're on the way up and then the pandemic basically threw us off track but we jumped right back on that track so you see that we printed a bottom for the current range that we were at you see the how we were dropping off basically all of 2019 boom that was a bottom we started we started taking off and now we take out this event that was the bottom right so now we come up to 2020 right so that's currently where we're at you see we had the the big move up what history tells us is that after mid-december the price changes direction okay so it print it usually prints either a top or a bottom from where it's currently at right history has told us the last three three or four years that whatever direction we're going in um that was a top for that run and then it's the price starts going in the opposite direction now I'm not saying that the bull run is over I just want to highlight this for you guys I like to look back in history see what's happened and whenever I find something that's repeatedly happened then you know it's something that I that I like to look into and talk about and bring to your attention just so that you're aware of this okay so um so that's something that we're watching we're gonna see here what happens in the next few days for the for the rest of this week if we uh start you know coming down or if we are able to just continue up and be like who cares about that right who cares about what's happened the last three or four years and we continue up so um that's just something I wanted to point out for you guys so you guys you know anyone that's that's invested you know long term or is thinking about taking profits uh that's something that you should take into to consideration um if we you start seeing movement to the downside right so if if we have another big move I expect I expect volatility probably after Christmas I expect the market to be volatile after Christmas day and we could see either a move up or down at that point um if we go with history it shows that it points to there being a move down you know after Christmas and that could potentially lead us down to that 20,000 range right where we can test that range remember we spoke about on Friday's video um that we're very overextended there is a bearish divergence so there's several signals right now uh that are signaling a pullback to 20k um there's also history that's signaling a pullback and we're very we're very overextended at this point you know uh people it's Christmas people are going to be taking vacations people are going to be pulling money out for for those vacations um some people some people are not going to be working stuff like that you know plus the new the new strain of COVID all right there's a lot of signals right now pointing to a pullback so that's why we're we're talking about all of this together because we want to make sure that in the event that there is a pullback you guys are prepared right um so the pullback levels that we're looking at like we already discussed is uh these Fibonacci levels and the whole number right um the main one being 20k that's the main support that we need to hold um you know for us to bounce back up if we break 20k and we go back under it then we could go back to test other levels down here maybe back down to 17k um that's a possible a possibility because remember on the CME chart we've had several gap ups that have not been filled so we've had this gap up right here and we have this gap up right here so these gap ups are at 17,000 right this gap up right here this is 17,000 look at this so that's those are gaps that might still be filled before we can continue higher to 25, 30k in the next 12 months or so um so that's just levels to keep in mind overall guys um obviously we're still bullish as you guys can see we're still this is still a bull flag right like this right here we're still we're still bullish on this um but we want to we want to make sure you guys have all the information and not just be biased to the upside so um either way we're not taking any shorts we're not shorting bitcoin at the moment because as you guys know um we're in a bull trend so you never want to trade against a trend that's just low probability uh trades thank you guys so much for watching this video um like we said you know this this could all just be a coincidence but we'd like to present to you you know um think different things that we find and um and try to bring it to your attention so you guys can use that information you know to to make uh better decisions on your investments so um remember none of this is financial advice we're just showing you uh different opinions that we've come across and that we've found so let me know in the comments what you guys think do you guys think this is a coincidence do you think we've we've put in a top for the next 12 months or um is it you know are we just gonna run right through remember that 2020 is a year unlike any other year so you know um the funds the fundamentals have changed in bitcoin there's so much so many more uh people and not only people but big companies that are putting their money in bitcoin so those are you know different things that that could just throw this whole you know all this historic data out the window we just wanted to bring this to your attention so you guys could have this in mind as well you know and not just be straight bullish like we've been you know as of late but that's pretty much it guys i want to wish you guys all a merry christmas and i will see you on the next video as always peace and love