CryptoAddict77

BTC short term correction into a mid term top

BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Bitcoin has been on a tier for more than a year now and as long as ETF inflows keep coming we should be in for a nice bull ride. That's said nothing goes up forever and there will be corrections along the way.

I think we might see a small correct of 5-7% in the short term from the local top near $53k. That should bring BTC down to the $48-49k area. From there we should continue the trend to a mid term top in the area of $56-58k. That should be a mid term top for a couple of month into a bigger correction in March and April. After that the trend should continue into a new ATH sometimes by the end of the year.

Good Luck!!!


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