🅱️ Bitcoin Grows 90%, Enters Correction Mode

It is normal to see a correction after 90% growth, this is how much Bitcoin has grown since its 21-Nov. 2022 bear-market bottom low.

✔️ Will Bitcoin continue straight down and hit new lows or will it recover and resume to hit a higher high?
This is a fair question.

The fact that we are seeing Altcoins breaking up 2-3 digits green, tells us that the market is still bullish.

If we were to experience new lows, as soon as Bitcoin peaks everything would crash suddenly and fast, instead we are seeing first Bitcoin going sideways for weeks before moving lower and the Altcoins growing while Bitcoin goes sideways.

As Bitcoin moves retraces, the Altcoins will grow.

Money flowing out of Bitcoin will flow to the Altcoins.
After a period of a few days or weeks, money will flow back from Altcoins to Bitcoins.

The banking crisis will comeback with a vengeance in 2 months.

This is a normal and healthy correction which is yet to take place.
So far prices haven't move down but things can always change.

✔️ We stay STRONGLY BULLISH ABOVE $20K ($20,000 BTCUSD)

✔️ Ultra-bullish above $22,222.
✔️ Mega-bullish above $23,500, etc.

Think long-term.

Namaste.

P.S. Bitcoin is out of the bearish trend, if you have any doubts please refer back to the "basics"... as explained in the article below: 

🅱️ Bitcoin | Let's Go Back To Basics (1, 2, 3)

Trade closed: stop reached:

No signs of correction so far.
I will post a less biased update based on the current chart.

Bitcoin too strong and continues with sideways consolidation.