BTC UPDATE
Bitcoin chose a path of growth for this week, almost reaching the $100,000 milestone.
To be honest, in my opinion, humbly speaking.. this is the time when you should consider closing your LONG position on Bitcoin (take profits).
All global indicators are overbought, the F&G Index is 94. It was that high in February 2021 (right before the dump from $57,000 to $43,000).
Speaking locally, Bitcoin has also reached the resistance of the ascending channel, we can expect rejection from there.
Sorry for not being an extra bull, you know I was buying BTC at $55k - $60k, but now its time to secure something you earned.
Bitcoin chose a path of growth for this week, almost reaching the $100,000 milestone.
To be honest, in my opinion, humbly speaking.. this is the time when you should consider closing your LONG position on Bitcoin (take profits).
All global indicators are overbought, the F&G Index is 94. It was that high in February 2021 (right before the dump from $57,000 to $43,000).
Speaking locally, Bitcoin has also reached the resistance of the ascending channel, we can expect rejection from there.
Sorry for not being an extra bull, you know I was buying BTC at $55k - $60k, but now its time to secure something you earned.