Bitcoin Daily 📈

$BTC has hit 90k this morning - something many would not have dreamed of at the beginning of the month. That in itself is worth celebrating 🥳 Will we see 95k this week? The Crypto Fear & Greed Index hit a double top of the 2021 bull cycle. That doesn't mean it's the top (F\u0026G used to be above 90), but it's worth keeping in mind when hesitating to take profits.

So far, the Sunday and Month candles are developing very bullishly. Before any form of rejection on this timeframe, it's dangerous to take short positions. And in general, selling in an overhyped bull market is not the best strategy - it's better to place bids when the price drops to catch an unexpected fall that will happen sooner or later to wipe out over-leveraged long positions.

The fact that#Bitcoinflew off the CME Futures gap at 77930-80670 doesn't mean it's out of reach and remains a valid target for a corrective move. But when that move will happen, no one can say for sure. Another line on the chart that begs to be revisited is the breakout level around 73800. But that one is getting further away, so for now I'm just looking forward to revisiting the CME gap.