Ok here's what I think is going to happen. As you can see I drew a fibonacci from the start of this pump on 8th of February. BTC loves 618 fib retracements so in my opinion we gonna tank to 4150 right now (this will lower down RSI to a more healthy range), then it's gonna bounce back to 4650 or go slightly above it This will be the breaking point when everyone turns bullish again and will be screaming "bull run is over we're going up". For a short period of time it will stop at 3500 (200 weekly MA) and at the re-test of 3100 bottom. After another disappointment we will see a final capitulation down to 2700-2300 where my buy order is.
Comment:
Sold everything yesterday at 5300.