Bitcoin consolidating or topping out?
Bitcoin may be in the process of putting in an interim top
Bitcoin is seeing a lot of resistance around these levels which may indicate a near term top is in sight.
Here's the chart:
(Source: https://twitter.com/MuteCrypto/status/1426980251008180227/photo/1)
It's still held the 8 period moving average, but it may be only a matter of time before it dips below.
Either way, I think the dip will be short lived and we will break $50k within the month.
BTC is bullish. Soon, it will touch its all-time high. Who else is with me?
I am with you! However after such massive upside, we will see some downside soon again as well!