Finaly the top seems to be completed.
BTC is now in the final & seems to be the last stage of the DREAM come True Rally....
from the Lows of $4000 Last Year to $40,000 ( this Year ) its almost 10 time Returns in 1 Year...
however it doesn't stopped there & now almost touching the 60,000$ , looking at the speed at which its rising its hard to believe that it can crash.. or even fall...
but looking at week on week chart.. its heading towards the 3rd consecutive rise... chance of the 4th seems slightly Unlikely with RSI topping 90.... & slight dip in Volumes...& lack of Buying at this elevated levels... as well on Fear in Bears. can Trigger a Fall...
& mind the fall can be Steep... as per my IDEA i am expecting at least 20% correction. at least. from 60K to 48K...
from the Lows of $4000 Last Year to $40,000 ( this Year ) its almost 10 time Returns in 1 Year...
however it doesn't stopped there & now almost touching the 60,000$ , looking at the speed at which its rising its hard to believe that it can crash.. or even fall...
but looking at week on week chart.. its heading towards the 3rd consecutive rise... chance of the 4th seems slightly Unlikely with RSI topping 90.... & slight dip in Volumes...& lack of Buying at this elevated levels... as well on Fear in Bears. can Trigger a Fall...
& mind the fall can be Steep... as per my IDEA i am expecting at least 20% correction. at least. from 60K to 48K...
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