Pullback incoming?
*** Only a TA of HBLK, this is not financial advice ***
With the grandiose growth of the ETF HBLK due to the great bull run of Bitcoin, the 1Trillion market cap news and companies joining the asset, In wouldn't be surprised to see a pullback of around 10% until next support of 22.35 or the higher trend line of the channel we broke through on Feb 9th. Just a heads-up of a possible pullback, I don't personally think it would be a good idea to sell yet though, this promising has a strong potential for growth in the long term.
I also see a consolidation after this good bullrun of BTC, which could potentially make my TA come true.
What do you think?
With the grandiose growth of the ETF HBLK due to the great bull run of Bitcoin, the 1Trillion market cap news and companies joining the asset, In wouldn't be surprised to see a pullback of around 10% until next support of 22.35 or the higher trend line of the channel we broke through on Feb 9th. Just a heads-up of a possible pullback, I don't personally think it would be a good idea to sell yet though, this promising has a strong potential for growth in the long term.
I also see a consolidation after this good bullrun of BTC, which could potentially make my TA come true.
What do you think?
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