Bitcoin Momentum
$BTC
From April 30 -
That’s not to say it can’t occur. But my hunch is that a move into overbought levels would probably coincide with $BTC breaking through the psychological $100K barrier once more. I’m booking some gains today and waiting for that to occur to move back in.
It’s occurred. A bullish development for $BTC, a move towards prior highs is a completely reasonable expectation at this juncture.