$BTC BTC just had a quality weekly candle. There are no signs of a price drop.
Many people are waiting to short. But looking at the candle like this, perhaps it can still run a few thousand more in price.
Many are thinking that nothing special is happening because the MACRO is still bad, the #FED hasn't pumped money, etc. But remember that if the water is too clear, there are no fish. It’s too obvious, or it has to be similar to the COVID period to explode, then the game is too easy.
Remember at the beginning of 2023, many American banks went bankrupt, the media kept saying that the American economy was facing the risk of RECESSION, even collapse, everyone was scared. However, afterwards, everyone was surprised when all financial channels were growing.
Currently, the S&P500 is still rising, gold is still rising, so if you are CRAZY, it’s a normal thing.
Think about shorting only below 100K. As for above a hundred like this, you are CRAZY, and if you go against the tide, it's a disaster.