🚨🚨BITCOIN is forming its second peak on the weekly chart. The market is starting to become more dangerous!
The market may recover well in the coming days, but don't believe in narratives of Bitcoin at 150k, ETH at 10k, Altseason.. None of that will happen..
Bitcoin might now reach close to 112k, ETH to 3600 and that's it.. It’s notable looking at the weekly chart, there isn't much strength left for a significant rise in BTC, as it has a divergence in the RSI.. (for newbies, after BTC finishes forming its second peak, it's drop after drop, and altcoins don’t even get me started) So be careful with narratives.. Those who bought yesterday like me (it's in my previous post, warning that it was a good time to buy yesterday), it's for the short term, I bought to see if I catch a rise in July.. Because I believe that long-term holders, institutions, will soon realize partial profits roughly between August and September.. We continue observing 👀