Bearish divergence and a flattening of some key moving averages give me the sense that a major dip is incoming. I think the price will hit support at 38k, bounce up around 50k, then complete the Head and Shoulders pattern for a market reversal leading into the holidays.
All this being said, I'm very bullish on Bitcoin and crypto in general for the long term. I just think there's a market correction incoming that we should prepare for, take some profits, and be happy. I'll be looking to buy some real estate ahead of the upcoming hyperinflation event
All this being said, I'm very bullish on Bitcoin and crypto in general for the long term. I just think there's a market correction incoming that we should prepare for, take some profits, and be happy. I'll be looking to buy some real estate ahead of the upcoming hyperinflation event
