We are now at the end of this insane rally that has taken place over the past few months. Parabalan growth ends and it is very difficult for bulls to push the price up. Bulls spend a lot of , but the price moves weakly. This means that traders are starting to take profits more and more.
This week I think we will see the start of the correction, the goal of which will be the level of $5800-6200.
Short zone is at from $ 8,200 to 9,000, If you do not want to short, take your profits on longs and wait for the next purchase below.
Yes, probably. The bearish trend is broken, a lot of fundamental news, on which this year there will be a rise in Bitcoin.
Of course it can still be a big trap, but its probability is not high.