BTC has been correcting the last few days after making a double top in the uptrend channel. Despite the fact that the fear and greed index went back to 'Fear' there is actually not much to worry about. It looks like the bottom has been set and that BTC is about to bounce with confidence and move its way up to 77,5K.
I believe that we will go back to ATH levels in the next few days, potentially before the end of November already, if volume and price action is strong enough we should be able to see some new momentum in price discovery.
Please note, this is my personal view on the chart. Not financial advice.
I believe that we will go back to ATH levels in the next few days, potentially before the end of November already, if volume and price action is strong enough we should be able to see some new momentum in price discovery.
Please note, this is my personal view on the chart. Not financial advice.