BINANCE:BTCUSDT   Bitcoin / TetherUS
The weekly (left) have closed bullish. This candle has gained the highest this year at 25.56%. We may expect a correction soon or is now underway.

On the monthly (right) chart, closed with a very large momentum candle with a little wick on the downside.

Will the bull run continue? Buying sentiments are still there so be careful with shorting BTC. Trade only what the chart shows you.

Watching this fib retracement with the possible resistance at 46.6k and support at 30k level.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.