Bitcoin has already hit our next profit target at 41.9K. This is a Fibonacci extension level, and BTC just keeps sniping them one by one. The next target is 44.9K. We saw some volatility which is anticipated after so many days of aggressive growth. There has not been a single significant retracement for weeks. If you do fomo into a trade, consider that it could dip down to 34.7K easily, so you may end up holding the trade underwater for a bit, but there is nothing to suggest the bull run is over or anywhere near over.
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.