Btc was in my eays overbought. people will sell now piece by piece. I can imagine how many miner want to get liquid now. Also their exist btc whale groups for sure.
Its a very bearish outlook. Considering that we are only in a bull market for 6-7 months this is going to be the first time that bitcoin has ever reversed so quickly after making ATH's. I think there is no merit to be bearish just yet since that market has yet to reverse. We have major support areas and structure which needs to be considered.
Weavs844
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fairly similar to this idea:
Skinnaah
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Not even close - look at mine, keep in mind btc was at 59k and the next morning it started the downtrend. I called the buy zone at 48-50k and look where were at?! Do not believe this chart......
tranhoanglong51198
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I don't think Bitcoin's uptrend is over. At least not yet.