BTC 5-5 update ~
BTCUSDT Perpetual Contract BYBIT:BTCUSDT
good morning o/
there’s a very high likelihood that Bitcoin has topped out locally.
if it did, a drop to 35k is expected.
there’s also a very slim chance there’s one more leg up to roughly 40700~40900.
weather the top was in, or there is one more more leg up
i expect a drop to 35k at the minimum once it breaks in the days ahead.
trade safe, and best of luck 😎
ps. i’m chilling in cash for the time being, will wait for 34.9k to buy back in.
