We have completed a pump all the way almost to prev ATH, now BTC will take a little rest, to reset, and this means we ABC back down to around 58-60k in my opinion, and from there we move into new ATH and price Discovery, which will be just right around the Halving.
Note
We hit 58-60k fairly quick in 1 day, still the ABC in this case should remain in play and actually if you look at the 4H chart, then we actually did complete a nice ABC correction down to exact what I stated which is 58-60k zone.., these days the market moves a lot faster, so it seems now that leverage was flushed, we can continue on a nice path upward along with alts going crazy and ETH fully recovering in 1 day is overall bullish.
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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.