I expect at least a breakthrough to relieve liquidity, where a fake will form afterwards, and possibly, if there is still a black swan, it will happen immediately after this breakthrough.
Let's remember the beginning of the previous bull run, a similar situation, the market recovered well, showing Bitcoin's growth up to 14k, but then we had that very "black swan" event, where we plummeted rapidly and steeply due to COVID. After that, there was a V-shaped reversal and a new bull phase.
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.