đȘ #BTC
đThe global movement of Bitcoin's price looks promising, but it's crucial to understand that we might still witness a significant downward movement, similar to what was observed in the past.
Here are some resemblances to 2019:
đ Breaking the weekly Ichimoku Cloud with a growth of over 200%.
đ Forming a new maximum in the last couple of years of the bear market.
đ A pre-halving decline and a retest of the Ichimoku Cloud.
â ïž Think, observe, analyze for yourself. I anticipate a correction and a drop to the range of 35-30K in the coming months. It's entirely plausible, but nothing critical within the scope of the overall movement.
Bitcoin dominance: 52.66%
Fear and Greed Index: 63 (greed);
Altseason Index: 73;
Market capitalization: $1.57 trillion.
đGet up to $30,000 on ByBit
