$BTC Price pumped above 83k and people are now targeting 100k without any correction,
Entire CT is expecting us to directly form the massive accumulation range and then start the leg towards the ATH,
But once again, nothing ever goes as the majority plans in these markets,
And the reality is ofcourse gonna be very different, especially with all this fomo that we are seeing around the local top.
I am expecting price to first flush out the overleverage/fomo longs until 75k,
Then get the next leg up to 95-100k and form the massive accumulation range there before going to ATH.
Overall, my bias is still bearish until we get the flush to 75k.
Entire CT is expecting us to directly form the massive accumulation range and then start the leg towards the ATH,
But once again, nothing ever goes as the majority plans in these markets,
And the reality is ofcourse gonna be very different, especially with all this fomo that we are seeing around the local top.
I am expecting price to first flush out the overleverage/fomo longs until 75k,
Then get the next leg up to 95-100k and form the massive accumulation range there before going to ATH.
Overall, my bias is still bearish until we get the flush to 75k.
