Bitcoin 30% correction Warning Extreme Greed

vorgestern

🔸Hello traders, today let's review 8hour price chart for BTCUSD and potential reversal zones. This market is maxed out already / overheated. I'm expecting a 30% correction into end of January 2025 🆘.

🔸All the positive mid-term catalysts are already priced in the current market price, there are no further catalysts until DJT Inaguration. Therefore, expecting 30% correction based on extreme greed conditions.

🔸Recommended strategy for position traders: Short sell at market, SL
at recent high, TP1 80 000 USD TP2 75 000 USD. swing trade setup so
naturally takes more time to complete. Bulls should exit the market and wait for a better entry price later in January 2025.

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vorgestern

Trade ist aktiv

trade is active. limited upside. be careful.
short sell any rips/rallies or stay out until
end of January 2025. good luck!

vorgestern

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vorgestern

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vorgestern

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nice progress already in less than 24 hours

gestern

Anmerkung

ETHUSD short TP almost hit, congrats if you followed