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Overdue for Bitcoin pullback - Manage risk accordingly
Bitcoin
Short
Overdue for Bitcoin pullback - Manage risk accordingly
By sky070
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Apr 19
3
Apr 19
The odds of another green month decrease with each passing month.
The longer we go on without a significant correction, the worse I fear the pullback will be.
We typically we get a scare shortly before/after the halving. Be prepared for such a scenario playing out again.
Aug 6
Note
Monthly consolidation playing out the same as in prior cycles so far.
This pullback is still smaller than in prior cycles, be wary of more downside.
Candlestick Analysis
sky070
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