I think a consolidation in this newly formed range would be healty and could be the last opportunity to accumulate BTC before the take off to the 64k zone.
Major alts are overextend as of right now and we could see a market wide correction.
As such, I am carefully watching for a retest of the support level marked on the chart (where the drawn path ends) and patiently waiting to pull the buy trigger.
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.