Birds eye view of Bitcoin
Bitcoin has a lot of momentum but some divergences are apparent.
It has had a long run already and is ready for a correction.
Unless the correction happens soon, it will continue to possibly 100k for a more substantial correction, that will last for months or even years.
Personally I think BTC will get a nice correction, possibly up to 50 or 60%, but more likely 30 or 40%, then continue up.
If BTC goes up too fast it will hit resistance in the trend-channels quicker, so the price for this bullrun will be lower than if it takes its time.
Check out Switcheo Tradehub's exchange dem.exchange; it has almost no transaction-fees, is fully decentralised (connect Metamask or ledger), layer 2 dex.
It has had a long run already and is ready for a correction.
Unless the correction happens soon, it will continue to possibly 100k for a more substantial correction, that will last for months or even years.
Personally I think BTC will get a nice correction, possibly up to 50 or 60%, but more likely 30 or 40%, then continue up.
If BTC goes up too fast it will hit resistance in the trend-channels quicker, so the price for this bullrun will be lower than if it takes its time.
Check out Switcheo Tradehub's exchange dem.exchange; it has almost no transaction-fees, is fully decentralised (connect Metamask or ledger), layer 2 dex.
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