What do you think of BITCOIN right now?

Be great to get some comments - both bullish and bearish here;

What is the current sentiment for you?

What is the retail sentiment? too eager, or right time?

Here's a few things I am fearful of in terms of the downside potential;


This is potentially a monthly ABC move - C not measured, just a question kept open.

With this in mind, looking at the potential for the pullback level, swing high to low.

This makes a lot of sense for sucker punching retail - on route to 50k

Nearing a Gann level weekly resistance.


Sloping volume giving divergence to price action.


The WEISS Volume not feeling overly Bullish


Market Oscillator for the total - less than the bar before; hitting it's quadratics high point


With the Total market Cap in over bought territory.


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Assume this is a Bullish Move and none of the above is taken into account;

we have an extension 2 - 3 move here nearing its 2.618



So what are your thoughts and analysis for either long or short?

Let's get some comments!




Disclaimer
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