When is the FIRST real bullrun correction over?
I compared it with the BTC ‘20 & ‘21 bullrun.
After breaking the ATH in 2020 #Bitcoin had a parabolic move of 39 days. After making a local top at 40K it corrected with 30% and after 31 days Bitcoin broke the old ATH.
So 41 days after breaking ATH the first correction is here. Don’t be surprised if BTC tends to go a another leg down like in 2020. To keep the bullrun intact Bitcoin should not go lower then the 50 TEMA.
So if history repeats #Bitcoin should make a new ATH mid Jan. next year.
IMO i don’t believe BTC will correct 30% from the top. With all institutional interest and #ETF’s is highly unlikely.
BTCUSDT BTCUSD BTCUSD BTCUSDT.P ETHUSDT BTCUSD BTCUSD BTCUSD BTCUSD