r90000

Bitcoin is likely approaching its final echo market rally

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin has been on a rally for the past year. However we are approaching heavy resistance for the first time. Combined with suspected buyer exhaustion, and a decreasing amount of buyers willing to support 40k+ prices, after the ETF and its initial wave of inflows. I strongly suspect a correction is due for Bitcoin.

This correction is unlikely to reach 25k, as the multi year trend is bullish. This is just a blip in the chart, but for us in the moment, it can be a significant event to be prepared for.

This trade will be taken after the ETF decision. I suspect the decision will be an approval of all ETFs.
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