Hi, nice season, BTC had a small correction after a significant rebound, this could be known from some TP and panic sale accordingly. Such healthy correction usually brings BTC to a higher level into the 50x zone as Fib shows the next target is 53,5k-56K if there is no fuds or special event. However, we also got an overbought zone in stock RSI, this may be made us awaiting such healthy correction to be continued for a while. So in overall, we got a healthy correction and still in a good position to cash out a part for small amount to potential L1 and alts for long term hold, future trading is not recommended accordingly at this moment and just consider to resume after a break higher 52k as confirmation.
Thats all for today, again have a nice Xmas!
Thats all for today, again have a nice Xmas!
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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.