In this scenario, Bitcoin may have topped for the year. It may be time to drop down for a retest, collecting institutional size positions at 14K (50% fib level) before continuing past 25k.
Fib .5 and up again. Besides healthy correction, that drop to 14K could occur if new covid strain is detected in US -and it will . Mt Got 150K btc is coming back to market very soon, massive drop when those btc are released back to owners.
Brian001
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@kenshintani, Exactly, people buying now might loose their life savings... let's mind the technicals and fundamentals behind BTC