Bitcoin consolidating or topping out?

in bitcoin •  3 years ago 

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:

image.png

(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.

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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!