Possible correction in production due to missing volume. Due to too little volatility. Correction to previous wave. Ultimately, long term, I am still bullish, but to get the market back under control, it may be time to destroy some stop losses to make room for new ATH.
Note
For now, support has held and we have room up. Especially now that Bitcoin is celebrating another 100k party. If we stay in this range, I certainly expect more movement upwards and we will test the old ATH. We will know more in the coming hours. Let the Doge out.
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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.