The reason BTC hasn't had any big retracement is because the majority have shorted the 42k Bottom, they have been sitting on sidelines waiting for a drop.Bitcoin will go straight to 60ks, that's when the early shorters will Fomo back in, and that's when I expect 53k.
Currently the crypto index is at Extreme Greed, market is getting comfrortable longing this levels, possible go abit above 60ks and then liquidate the leveraged longs.
Note
once the 52-53k is tested, we will go well above ATH, at 68k
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.