Look at this monthly chart to see what happens after a rise.
I marked the candles with blue lines.
The market has to correct the rise. However, we have not broken strongly above the previous high of BTC. You have seen that it is a shy breakout and expectations and even some measurements on the charts say that the price could move above 100K.
I see a lot of volume and that is good. The upside may happen, but the market is not all one way all the time, and there are also the interests of the Institutions or whales that move the money. There will be fluctuations, and that is why some prices are marked and that is why some movements are predicted before the possible rise.
Look at this monthly chart to see what happens after a rise.
I marked the candles with blue lines.
The market has to correct the rise. However, we have not broken strongly above the previous high of BTC. You have seen that it is a shy breakout and expectations and even some measurements on the charts say that the price could move above 100K.
I see a lot of volume and that is good. The upside may happen, but the market is not all one way all the time, and there are also the interests of the Institutions or whales that move the money. There will be fluctuations, and that is why some prices are marked and that is why some movements are predicted before the possible rise.