Bitcoin is bullish but some correction is ahead

Updated

BTC showed good bull run this week, but don't go FOMO just yet, wait for reversal and 8300 breakout.

Note

Bulls are losing the momentum, if the current level wont hold, we will enter another bear market with a LONG TERM target of 5000. If we break up above the 8300, the bull scenario is still valid.

Note

The market is back to normal Bearish regime.
The plan: waiting for another dead cat bounce and increase shorting position size.

tylenisbobas

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