BTC overextended pull back below $10k likely
BTC is starting to become overextended. Pretty soon I'll be looking to sell some into Fiat to buy back cheaper, this will help me increase my BTC count while alts continue to lose their gains
Bitcoin Poked Above the Upper Bollinger on the 12H, also poking above the 70RSI then coming back under showing a topping out pattern here from our long stride from $6000 - $11250. Watch for a potential move back under $10K if high volume does not pick up to keep trend moving upwards
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BTC extended wave III has just started. Chill and enjoy the bull ride, don't fight the market.
@luiggih appears you are right, i was expecting a pull back and offloaded 25% of my holding. it did not pull back as much i was hoping for but this is really nice rally. its not spiking quickly and taking its time which is good for the long term.
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