Bitcoin corrects after reaching a new all-time high above $89,900 on Tuesday.
Technical indicators suggest the ongoing rally is overstretched and could have a corrective pullback in BTC.
On-chain data further supports a healthy correction as some holders realize profits at tops and leverage rises to a yearly high.
$BTC whales 🐳are pulling back.
Its time for whales to pull back and grab as much as they can. So keep eyes open and trade wisely.
$BTC will pullback soon.