Bitcoin broke out of a 7 month base on huge volume. With everyone calling $40K the local top, I think it pulls back there, bases and squeezes towards $50K. From there, many will be calling for new ATHs, but it'll likely rinse late longs and correct towards lower $30Ks over proceeding months.
New ATHs Q3 2024
New ATHs Q3 2024
Kommentera:
Spot on so far. Still think we breakout over $40K shortly
Kommentera:
Three likes on this chart lol cool
The market likely runs over $50K by Christmas to induce real FOMO and force participation from undisciplined, sidelined capital. It's all a game of psychology
The market likely runs over $50K by Christmas to induce real FOMO and force participation from undisciplined, sidelined capital. It's all a game of psychology