Corrections will be very shallow. Prepare for upcoming move to 52k. May not even reach 46.8k on correction.
Remember, BTC price action is irrational. For example, look at May~July 2019. I see the same pattern here. Many are expecting some sort of deep correction based on 'it surely can't keep going up'.
But the majority feel this way.
"Markets can stay irrational longer than you can stay solvent".
Remember, BTC price action is irrational. For example, look at May~July 2019. I see the same pattern here. Many are expecting some sort of deep correction based on 'it surely can't keep going up'.
But the majority feel this way.
"Markets can stay irrational longer than you can stay solvent".
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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.