In my opinion, taking a look at all markets as a whole, bulls are looking like they’re about to take a break. A correction looks imminent. I know, I know, Btc halving coming soon. With the common opinion so bullish on halving coming soon we may get a buy the rumor sell the fact.
Since the first wave up from last years lows did not retrace much, one can assume this wave will retrace more. After this correction though, I believe Btc will go on a 5th wave extension tear upwards targeting above 100k.
Since the first wave up from last years lows did not retrace much, one can assume this wave will retrace more. After this correction though, I believe Btc will go on a 5th wave extension tear upwards targeting above 100k.