Time for a correction?

I usually pull out when we are as overbought as we are now; with the RSI being in the 90s we can expect a correction in the near future in my opinion. It never ends well when you're greedy.

This is just what I have done personally, this is a great chance to get out of the market temporarily if you have not already. Long term IMO - The halvening is coming. It's time to stack not short so be wary.

評論:

Looks like we are dropping as expected. The next buy area for me personally would be the 28500-30000 dollar support region. From there, we can see either two things;
one, we drop back down to mid 20k, and two, we push to 35k again, test support briefly, then fly up to 40k.

評論:

Looks like the 4hr is slightly bullish, we could have another push up to 40k and just keep micro-dropping and ripping just to cool off. The macro is pretty bullish except for the fact that we are in a dangerous buy zone on the RSI and some other indicators on the daily timeframe. 40k or 30k, interested to see which one plays out for now. I'm kind of 50/50 at the moment.

評論:

50/50 Tug-of-War happening. DXY is dropping, and bull flag on BTC letting it cool off a bit.

I'm now 70% sure BTC will go up from here and 30% it will drop to 30k zone first but anything is possible with crypto and stocks right now.