Bitcoin: $48k-50k Is the Top?
Bitcoin keeps the bullish potential.
I think, after a pullback, we will see another attempt to reach the $ 48,000-50,000 resistance zone.
And after that, the market will be ready for a reversal.
Yes, bullish events, such as Bitcoin ETF and halving can be used for the great dump.
So, be careful with your long positions!
From my point of view, the real bull run will be started AFTER the great dump and when we get bullish macro.
I would say it is the 2nd half of 2024.
P.S. Happy Holidays!
I think, after a pullback, we will see another attempt to reach the $ 48,000-50,000 resistance zone.
And after that, the market will be ready for a reversal.
Yes, bullish events, such as Bitcoin ETF and halving can be used for the great dump.
So, be careful with your long positions!
From my point of view, the real bull run will be started AFTER the great dump and when we get bullish macro.
I would say it is the 2nd half of 2024.
P.S. Happy Holidays!
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