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 Iβll 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.
@cryptoπ°
Weekly close is tomorrow. If next weeks weekly candle closes below $40k, then we most likely seen the top of 2023, and Iβll 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
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When you exit the market just before the crypto crash
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