rafabeton

BTC/USD - Have we reached the peak of this run?

Short
COINBASE:BTCUSD   Bitcoin
The last bull run lasted 2 months. This bull run is approaching 2 months exactly after the fork. Assuming we hit the peak, I would expect the same pattern of correction to 0.618 fib level, which would take BTC back to $4550-$4600. RSI is overbought. FOMO is winning.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.