BTC is overbought but the candle sticks shows there is strong bullish momentum.
As we know, financial markets have two phases:a bullish and bearish phase.
BTC is due for a bearish phase but no exact timeline is known.Price of BTC may have gone as high as $100K,no one knows.
BTC is still on a long term uptrend but it's due for a correction or retracement.
That's the way markets works.
As we know, financial markets have two phases:a bullish and bearish phase.
BTC is due for a bearish phase but no exact timeline is known.Price of BTC may have gone as high as $100K,no one knows.
BTC is still on a long term uptrend but it's due for a correction or retracement.
That's the way markets works.