Everyone always believes that a bull run has a long way to go—until it doesn't. Having experienced these cycles multiple times, I see similarities that help in understanding them. Could Bitcoin rise from here and hit $500k or more? Of course, but it could also crash to below $40k. The key question is: how much energy is there in the market to drive it up? When the media starts publishing articles suggesting that buying just 0.1 Bitcoin could make you a fortune, it's time to consider that we might be at the top. Almost all articles predict Bitcoin will reach significant heights, but often by the end of the decade. Why would institutions load up on BTC now at its all-time high, with the exception of MicroStrategy, whose average cost is still under $70k? Many have a lot to lose and can't see the potential at this point. Bitcoin simply isn't at an attractive price for accumulating more.
The technical trend suggests that we may be nearing the end of this bull run (As I predicted it bounced off 112k). Unusually, this current bull run began before the halving, and combined technical analysis indicates we are very close to a peak. We could be forming a head-and-shoulders pattern (or not), which is a strong indicator of a top, at least in the short term. Either way, with very low trading volumes, a price close to its all-time high, and bearish patterns, if you’re not a buyer, you might consider becoming a seller. Reatil investement is also very low and many are paying for food due to the impacts of inflation, with very few people in my circles having free capital to buy BTC at these prices. Trade-safe.
The technical trend suggests that we may be nearing the end of this bull run (As I predicted it bounced off 112k). Unusually, this current bull run began before the halving, and combined technical analysis indicates we are very close to a peak. We could be forming a head-and-shoulders pattern (or not), which is a strong indicator of a top, at least in the short term. Either way, with very low trading volumes, a price close to its all-time high, and bearish patterns, if you’re not a buyer, you might consider becoming a seller. Reatil investement is also very low and many are paying for food due to the impacts of inflation, with very few people in my circles having free capital to buy BTC at these prices. Trade-safe.
Dagangan ditutup: sasaran tercapai
Pattern played out exactly as predicted. 
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.