Prices launched from $14,000 and made a record high of $64,000. Major player scaled out some profits and as a result prices pulled back aggressively on April 2021. Some buyers saw that as a discount and bought the DIP buy yet failed to breach the record high of $64,000.
Moving forward, i'd be much happier if prices drop below $30,000 which would cause fear for some investors to sell off
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.