BTC - macro cycle top - not yet

24 באפר׳ 2021

Expecting some consolidation here as it looks like a technical correction (which is good for the longer term). The longer we go sideways the better obviously. Given where we are post halving and the froth developing in alts (confirmed by the btc dominance breaking down) I suspect BTC will remain relatively quiet while the alt pairing enjoy a bit of a rally. Don't be fooled by this - smarter money will likley be dumping bags of alts to accumulate more btc while it seemingly flies under the radar - when the time comes and it moves there will be no room for extra passengers.

Do we hit some of the higher targets 300-400k? maybe but I will have sold out of most of my position by the blue box and keep some just incase....

Good luck verybody and trade safe!