BTC NEXT MOVE
It shouldn't be a surprise that the BTC and the entire crypto market is having a cool off at this moment. Its almost the bloth month(September) in few days and its much expected.
In the month of August to September 2021, we saw a correction that led to a major accumulation of BTC from 25k zone after attaining a high of 31k. Same scenario is likely in play this year.
BTC got to a high of 83k and has corrected to 61k so far, if this plays out we,d see BTC back to the 40k zone which would lead to a massive accumulation and a potential parabolic run to a new ATH come mid 2025
In the month of August to September 2021, we saw a correction that led to a major accumulation of BTC from 25k zone after attaining a high of 31k. Same scenario is likely in play this year.
BTC got to a high of 83k and has corrected to 61k so far, if this plays out we,d see BTC back to the 40k zone which would lead to a massive accumulation and a potential parabolic run to a new ATH come mid 2025
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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.