Many good news in the media this last week, specially coming from big player like JPMORGAN about bitcoin, this is starting to look like a place where they might distribute, to reacumulate again in the 12k area, liquidate some big longs in the way, refuell their pockets, and draw new ATH in 2021. Nothing comfirmed jet, just suspicious. still bullish (very) in the weekly and monthly chart, we are at the start at the new bull cicle, 95% chances I would say.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.