Let's face it, no smart buyer buys at the top esp. ATH. BTC has had a mix of very fortunate events, but they are all short term in nature; pro crypto President, short squeeze, and a few institutional buyers with super computers. Then let's add hot air from "crypto bros" to pump it up as much as possible. At the end, historically speaking, it all boils down to a massive drop / rug, just like the TRUMP and MELANIA coins and every single BTC spike was followed by a drop.
Don't be fooled by the hot air, the TAs and historical show a very clear trend even if there is a bit of a consolidation with a double top, which means sellers are under control.
Do your own due diligence and best of luck!
Don't be fooled by the hot air, the TAs and historical show a very clear trend even if there is a bit of a consolidation with a double top, which means sellers are under control.
Do your own due diligence and best of luck!
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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.