Bitcoin
Long

🔥 Bitcoin Bulls Have NOTHING To Worry About

1366
Bitcoin has been trading relatively bearish over the last month. However, this appears to be normal trading behaviour after a new all-time high has been made.

As seen on the chart, BTC did the same thing two cycles ago. Make a new ATH by ~7%, and then dump ~33%. Not sure whether we will dump 33% this time due to diminishing returns theory.

Looking at this fractal, bulls have little to wory about. We've seen the dump before and will likely see a new ATH in the coming month.

Will we drop further? New ATH soon? Share your thoughts 🙏

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