Borovik: Alts rejecting at my labeled resistance zones. Bitcoin still holding without any real retracement yet. This is most likely profit taking in anticipation of a potential correction coming for bitcoin.

Weekly close is tomorrow. If next weeks weekly candle closes below $40k, then we most likely seen the top of 2023, and I’ll re-evaluate from there. If the weekly is strong and closes above 40k, then 48-50k could still be in the cards for this year

Will update once I see how the weekly closes tomorrow and what the Monday reaction is.

This is NOT financial advice or any kind of advice. Just my thoughts/opinion. Entertainment only.

@crypto 💰