CryptoAddict77

BTC short term correction into a mid term top

BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Bitcoin has been on a tier for more than a year now and as long as ETF inflows keep coming we should be in for a nice bull ride. That's said nothing goes up forever and there will be corrections along the way.

I think we might see a small correct of 5-7% in the short term from the local top near $53k. That should bring BTC down to the $48-49k area. From there we should continue the trend to a mid term top in the area of $56-58k. That should be a mid term top for a couple of month into a bigger correction in March and April. After that the trend should continue into a new ATH sometimes by the end of the year.

Good Luck!!!


Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.