It is possible for Bitcoin to experience a pullback at this point. But I don't think this pullback will end the bull season. Price Pullback will be up to a certain point. If the price cannot hold well in the 37-38 thousand range, it would be logical for me to think that the bull season is over anyway.
Once the price reaches the 58-59k band from this point, it will start a bearish movement again because the sellers are waiting at this point.
On the other hand, if Bitcoin can hold in the 37-38 band, we can see $102,000 in a possible bull season.
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.