On Bitcoin 🟢
Overnight, we saw a slight pullback with prices dipping below $81k.
#BTC $BTC
As I've mentioned before, before the next leg up, we should expect some local retracements within the current trading range of $79k - $81k.
They might create a bit of a sideways action here to set up more favorable conditions for continuing the current bullish trend, as after such a pump, long traders start to gradually dominate, a situation that often gets resolved after some solid sideways consolidation.
Overnight, we saw a slight pullback with prices dipping below $81k.
#BTC $BTC
As I've mentioned before, before the next leg up, we should expect some local retracements within the current trading range of $79k - $81k.
They might create a bit of a sideways action here to set up more favorable conditions for continuing the current bullish trend, as after such a pump, long traders start to gradually dominate, a situation that often gets resolved after some solid sideways consolidation.
