Obvious Correction In Play for Bitcoin
A lil projection for how deep the correction will go on the hourly chart and some entry zones that im looking at as i do believe bitcoin will climb to see a higher high now that we have passed over 10,750. Market Sentiment is bullish still. Corrections are playing against the trend, going long is a more realistic play til 10k, 10,800, and 11,600. All critical points for taking profits in my personal opinion.
Looks like its alt season, as this last week has been strong with alts and that should continue. We will most likely see a slow climb and periods of sideways consolidation and movement from bitcoin which will result in alts taking the lead for a temporary period of time.
My focus right now is to accrue more bitcoin by trading alts as alts are going to have bigger swings now, as we've already been seeing, and then cash out Bitcoin profits at those key levels.
Looks like its alt season, as this last week has been strong with alts and that should continue. We will most likely see a slow climb and periods of sideways consolidation and movement from bitcoin which will result in alts taking the lead for a temporary period of time.
My focus right now is to accrue more bitcoin by trading alts as alts are going to have bigger swings now, as we've already been seeing, and then cash out Bitcoin profits at those key levels.
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