I believe the market is looking for a correction after a 25 day run. Here are my reasoning. Enjoy!
-Bearish Divergence has now been formed on the 6h timeframe -Wolfpack id has been losing momentum and on lower time frames have turned into the red. -Fib Retracement shows the 60% has been reached, although a further move to 80% is likely.
I just want to point out that BTC can still run up to 52k , however a correction is necessary for further gains. Add that to the FUD over the Infiltration bill and the SEC regulatory crackdown down.
Price prediction: ***40k within the next 12 days***
These are just my observations on the market not financial advice. Please Leave a comment and let me know your thoughts.