I don't want to give false hope or make anyone feel discouraged, but based on the monthly trend I've observed and considering the MACD and RSI-STOCHASTIC indicators, it seems like we're nearing the end of this Bitcoin cycle. However, in my opinion, there's still room for upward movement, and we might see a correction of around 90k to 100k before that happens.
Finally, data from CoinGlass indicates that the market is still 71% bullish on Bitcoin. I hope everyone profits from this situation.
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.