Need to overcome resistance at 4300 and 4400. Targeting to strong resistance at 4500 (fib 0.764 retrace from 2970 low).
Comment:
BTC losing steam - likely, bulls are a bit tired.
Comment:
I expect some retrace down from the 4400 resistance. Another reason is that the 1-2-3-4-5 pattern (likely) has been completed. If the bottom appears at 4100, the move to a new heights will continue. A drop down to 4000 can mean the continuation of a move down.
Comment:
Target 4500 reached. Imho, there are indications that the correction is already here.
Comment:
Probably, the trend line of the uptrend will be broken. But bounce up to 4340 expected.
