Reading the Bitcoin market this weekend and I get the feeling that the optimism of the bulls might be coming to an end. The correction we saw doesn't seem accidental, but rather the start of something bigger. Some see this as a shooting star in the middle of an uptrend, but honestly, I think it's a more serious signal. The previous rally felt fragile, like those shooting star movements that disappear as quickly as they appear. Now that prices are giving way, many who were in FOMO mode are looking for an exit. What's interesting is that this shooting star pattern on weekly charts often precedes deeper corrections. I'm not saying it's the end of the bullish cycle, but the 'hopium' that was dominating not long ago seems to have evaporated. We need to watch the upcoming moves because if this is just the beginning, a shooting star could be the most exciting thing we see in the coming weeks.

BTC0,92%
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