#Bitcoin reached a new ATH this week, confirming the early April low as a key bottom. With no resistance above, the sky is the limit. But breaking $102K could signal a correction, and $74.5K would mark a major trend shift.
Still, the risk/reward for buying BTC now is poor. Based on past cycles, altcoins usually shine after BTC tops due to capital rotation. So, now is the time to focus on strong altcoins with real activity.
Still, the risk/reward for buying BTC now is poor. Based on past cycles, altcoins usually shine after BTC tops due to capital rotation. So, now is the time to focus on strong altcoins with real activity.
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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.