Could it be this simple? Of course not. BTC will make it difficult for both sides. Keep your head on straight and watch for a backtest of resistance. But I must say, we are far up from that 200MA and have not come close to it for quite awhile. My main concern is the sheer amount of bullish news we received in the past few months. It has obviously reached a peak and bulls do not have a catalyst like they had when Elion and Telsa broke the market out of the last correction. Is this a correction?
