CoreCrypto1

BTC UPDATE! CAN WE SEE MORE CORRECTION?

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
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Welcome to this update on Bitcoin. After breaking ATH now BTC made some corrections which are important for the next parabolic move. Bitcoin is currently trading above $60k and there is very strong support at $60k.

I personally expect some more correction to the $57k area and then we see a good bounce. As you know there is still some greed left in the market. Whales try to wipe out every weak hand before the next run. So do not sell your bitcoins to the big whales. Soon we saw $100k per BTC.

If any daily candle closes above $62k then we might not see $57k.

What about Alts?

Alts looking good now. As long as BTC consolidates in the rangebound we see a good move in Altcoins. Also, Bitcoin dominance continuously dumping which is good for Alts.

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Also, share your views in the comment section.

This isn't financial advice. DYOR before investing.

Thank You!


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