Bitcoin at major level. Potential Top forming
Updated
BTC is sitting at a weekly supply zone after a year of bullish momentum; had there been significant corrections, new all time highs would be a realistic projection. I believe that BTC needs more time before it can break ATH, and the recent bullishness is a false move to trap buyers, especially with the halving and ETF hype.
Note
Ideal stoploss at 69k
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.