Have Bitcoin topped for now? for BITSTAMP:BTCUSD by Mihai_Iacob

After the strong rise above 25k resistance, BtcUsd has accelerated its gains and reached a top above 29k .
The 29k-30k zone is a strong resistance zone that I’ve spoken about several times and considering in the last week we have 2 bearish engulfing formations in this zone we can expect a correction.
That being said, rallies should be sold and short-term traders could target 25k for their sell trades