With bitcoin and crypto overall market cap overextended from this nice rally up to weekly resistance / ATH, we are overdue for a flush-out of all the bullish sentiment to fill lower buy orders and increase fomo potential of the eventual breakout from ATH.
Could be a big fu candle like september 7th, or a slower move down to trap some bears that way.
Could be a big fu candle like september 7th, or a slower move down to trap some bears that way.