Wow Bitcoin. Well done. But all good things must take a rest. This is the perfect opportunity for a pullback to the target zone, which represents an 80-90% fib retracement off the current cycle. $3000-3050 seems likely....then look for long opportunity once again. Also notice short term head and shoulders, supporting a turn down.
Also, expect a quality altcoin rally in the meantime. Confidence has been somewhat restored in crypto, and I see a good portion of this money returning to alts.
BTCUSD
Also, expect a quality altcoin rally in the meantime. Confidence has been somewhat restored in crypto, and I see a good portion of this money returning to alts.
BTCUSDTrade active
We are at a critical point in the reversal. Should break down at resistance here. 
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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.