BTC is still bullish in the Monthly time frame, but however shorterm-PA must be paid attention. Yes we all thinks 120k BTC is still possible, but a healthy correction is likely before that happens.
Within the short-term PA, 100 EMA is clear going to hit at 96k price range, hopefully it will bounce from there. The market is very much active.
Tips: 1. Overbought RSI 2. More shorts than long in the system atm 3. F & G index at 78. 4. Support is at 96,649k 5. 3% decrease in pa in the last 24 hours.
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