Bitcoin Local Top

2 Mar 2021

BTC1! appears to be topping out for the time being. Which to be honest, after an incredible nearly-year long run, is expected. Negative divergence on the RSI and other indicator.
I could see this being a 30-40% correction easily, but can also see it deeper. This would flush out all the speculators to get us set for a hell of bull market, second half of 2020, similar to what was seen in 2017, post-BTC, BCH hard-fork.
By no means do i think the bull market is over but it is time for some consolidation. Worst case scenario there is a gap from $24-26k that'll need to be filled at some point. Expecting one last fake out before the correction starts.

BTC idea that started it all from July 2020,

(at least there's been visible improvement on the chart aesthetics.)