Birds eye view of Bitcoin
Bitcoin has a lot of momentum but some divergences are apparent.
It has had a long run already and is ready for a correction.
Unless the correction happens soon, it will continue to possibly 100k for a more substantial correction, that will last for months or even years.
Personally I think BTC will get a nice correction, possibly up to 50 or 60%, but more likely 30 or 40%, then continue up.
If BTC goes up too fast it will hit resistance in the trend-channels quicker, so the price for this bullrun will be lower than if it takes its time.
Check out Switcheo Tradehub's exchange dem.exchange; it has almost no transaction-fees, is fully decentralised (connect Metamask or ledger), layer 2 dex.
It has had a long run already and is ready for a correction.
Unless the correction happens soon, it will continue to possibly 100k for a more substantial correction, that will last for months or even years.
Personally I think BTC will get a nice correction, possibly up to 50 or 60%, but more likely 30 or 40%, then continue up.
If BTC goes up too fast it will hit resistance in the trend-channels quicker, so the price for this bullrun will be lower than if it takes its time.
Check out Switcheo Tradehub's exchange dem.exchange; it has almost no transaction-fees, is fully decentralised (connect Metamask or ledger), layer 2 dex.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.