After the massive rally up to nearly the 2018 ATH , BTC appears to have begun a correction. Looking at possibly 20-40% drop from the recent peak, down to support level 12500 or 14500 before the bull market resumes, similar to what happened in 2017. This would make a giant cup & handle and prepare us for 2021 crypto bull market. Happy trading!
Note
Lots of cup & handles :PNote
Well I think that 17k dip was it, smaller % move this time. Another dip is possible after ATH breaks, but year long uptrend is confirmedNote
One of these options should play out
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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.