I now expect a pump past the old $20K ATH, but stalling out around $25K. This will suck in a lot of new players who will buy around $25K. Then I suspect a hefty correction with a fair amount of panic selling afterwards.
Note
Almost hit the red zone, little bit higher to go. Just going to be watching it for a few weeks, a short opportunity should present itself, but have to be patient for the right entry and stopTrade closed manually
Well, I was right about the blowoff above $20K, But it looks like we are going much much higher, didn't have any real retrace yet.
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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.