$BTC

determine strong correction signal

- surely those who have bought or have just bought the ancestor, long the ancestor are all waiting for a new ATH at 100k, that is the common mentality of those who are holding, and when asking yourself if BTC is 91k 92k 93k, do you dare to buy (of course not), currently only ETFs or MM funds are trying to push the price to kill Short, the rest are waiting for adjustment, of course the ancestor reaching over 100k is obvious, but not now.

- According to the chart model in the H1 frame, we see a 2-peak model and in the H4 frame, we see a bearish flag model, which means that there is a large profit-taking force at 93k, making it impossible to continue to push the price up + RSI has clearly diverged, the buying power is no longer strong + the third factor is the number of vol trees is decreasing + the fourth factor is that MACD has green mountains decreasing

- the greed and fear index is at 82 Extreme Greed.

=> we are standing close to the peak of the adjustment.

THE FINAL WORD THIS IS ONLY A PERSONAL OPINION, NOT INVESTMENT ADVICE, YOU SHOULD DO YOUR OWN RESEARCH AND MANAGE YOUR RISK.

THANKS ALL