Bitcoin looking weak at the moment, imo we are distributing in higher time frame, drowing the first lower highs in months.
Bigger picture is still the same, price could go to 20k and this will still be bullish af, and Im still pretty confident on reaching 100k this year, but retraces are necesary for a healty trending market.
Imo we could se a 3rd lower high before going lower, my main objectives in chart are 30k area first, followed by 24.5k. Thats the main objective just based on fibbo projection, but if does not hold, next area of interest is around 20k.
Bigger picture is still the same, price could go to 20k and this will still be bullish af, and Im still pretty confident on reaching 100k this year, but retraces are necesary for a healty trending market.
Imo we could se a 3rd lower high before going lower, my main objectives in chart are 30k area first, followed by 24.5k. Thats the main objective just based on fibbo projection, but if does not hold, next area of interest is around 20k.