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I do think the market is nearing a top for $BTC
Early warning signs for me are the duration of each consolidation getting shorter with the rallies themselves being shorter.
I wouldn't be surprised to see a 30% correction in the next 4-5 weeks at some point towards 19-20k pic.twitter.com/F3OgoUCy3F
— Pentoshi (@Pentosh1) December 26, 2020
Bitcoin could continue to push higher, though, as institutional money floods into this space. There is a growing contingent of analysts that are hesitant to focus only on the technical trends of the leading cryptocurrency as it is clear that the dynamic around the demand for Bitcoin has changed from previous market cycles.