Bitcoin - Expecting a Pullback
Dating back to 2015 is a similar movement which sent BTC South afterwards. My take on this is that, if we see a rejection candle on the hourly or daily, we should expect a pullback as seen in 2015.
If you are a trader, I will advise you take profits here and leave some with adjusted SL.
But the big question is, will history repeat itself? I believe it should in a couple of days. This will be the final dump that will leave many people bittered.
Afterwards, we should consolidate for some time before heading north again.
What do you all think? Should we expect a breakout or a pullback? Kindly share your thoughts and opinion with us. Thanks
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