The sign of a strong market is that it keeps on taking continuous correction from time to time. Unfortunately we see Bitcoin making an all time high and didn't take any correction.
This is not a good sign and a huge crash can happen anytime. If the market moves along with correction it will make this previous support even more stronger, but without correction it's moving is so dangerous and it can dump anytime.
According to my guess and analysis, I will say that Bitcoin drop is incoming.
The time has arrived and big players are waiting for the perfect moment to strike.
This is because that there never happened any correction and Bitcoin keeps on going upside.
According to 15 minute, one hour and four hours chart, you will see a consolidation price and also because of the weekend there are slow movements.
I will warn investors and traders that don't try to go long and don't take risk of your money because soon the BTC will drop to $82,000 and it may be its correction.
For all those who wants to invest in their crypto coins, they must stay alert and prepared for the impending drop.
This could be a crucial moment in the crypto market and then will be a good time and a good investment time in the altcoins.
Bitcoin will have to take at least 5 to 8% correction in order to start its altcoin season and that may happen in the next year and that surely will help to start altcoin season.
THANK YOU!
