Overheating? profit taking? To the moon?
Bitcoin / U. S. DollarKraken
Description
⋅ *************BEARISH************************
Crypto Fear & Gread at ATH (alternative.me/crypto/fear-and-greed-index/)
UP 60% in the last 6 weeks
RSI hitting overbought on the weekly chart
Reaching Psychological ATH resistance level
Fibo pull back 12k300
*************BULLISH************************
Institutional buying
Stock 2 Flow
Recession hedge
Retail LT holding
Fibo next resistance 20k
///////////////////////////////////////////////////////////////////////////////
///////////////////////////////////////////////////////////////////////////////
The market will be judge.