Short

$BTC - small retracement is coming

had formed a cup and handle pattern and it is bullish in the long run. However, we didn't have any retracements for a long-time.
I've drawn support lines (green lines). volume profile helped me to see where people are willing to buy at.

1-Pushes followed by retraces are healthy for the market.
2- I think the pushes that we made are driven by pumps from Elon and some hedge funds if that repeated on the following days the retracements will be in short duration.
3-Accumulations/distribution ratio is v. good tho we won't see a major bearish trend.
4. "History repeats itself" March has always been bearish.

Get ready to buy your at a better price on the following days.

btcaddict1999

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