I was bullish on Bitcoin for a a good period of time now and I continue to see it as an extraordinary asset that will see new highs, but now it's at a critical moment where if it'll find support above 0.618 FIB we can see continuation, and if not, it'll get a correction.
Multiple bearish divergences can be seen on the chart and this might also be an indicator of pure weakness.
A correction is what the norm to expect in this range, but my 42k target may still be on the table.
Multiple bearish divergences can be seen on the chart and this might also be an indicator of pure weakness.
A correction is what the norm to expect in this range, but my 42k target may still be on the table.