Just because the tide is rising from institutional buying doesn't mean the chop at the top is going to be less volatile... In fact, it would make more sense if said chop was even more volatile once we get to a certain point. A rising tide isn't going to make this water less choppy on the surface, it does the opposite.

A 30% retracement is only a dip down to $20k, which is still way higher than the doubling curve at $13k. In fact, the top of this volcano might have blown an hour ago... gonna need to give it a couple days to be sure. A parabolic move will never be sustainable. January gonna be filled with some serious chop.