
#Bitcoin – Market Psychology on the Weekly Chart 🧠 The strong weekly move has left bears and trend followers on the sidelines. They all need to position themselves: 🔹 Some received their weekly signal and are executing their plan. 🔹 Others are FOMOing as they see the price surge without them. 🔹 And especially, many refuse to buy at the top and are waiting for a correction. This is precisely what may limit the depth of the retracement: There are far more people today looking to enter than those who caught the bottom and are taking profits. And for those doing DCA: we are clearly not at Bitcoin:native selling levels 💎
