vf_investment

Bitcoin rally may be finished soon (for awhile)

Short
BITSTAMP:BTCUSD   Bitcoin
hi traders,

Bitcoin has had a fantastic rally but we believe that the top is in or it's very close.
Bitcoin rally is based not only on bullish technicals but also the ETF narrative. What if ETF approval is postponed again? Most likely it will cause a correction.
Sentiment on social media has been very bullish. Many analysts is expecting that this rally will contniue and the price will create new ATH soon. I think that it's not gonna happen and before new ATH , we have to see a correction towards 30 000 $ or maybe even lower.

What is your opinion?

💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.