As we approach the end of February, BTC is reaching new all-time highs not witnessed since 2021. Bitcoin is making significant progress, moving beyond the $ 62 thousand price range and heading towards the all-time high of 68 thousand. This positive movement is supported by a bullish reversal candle pattern called Three outside up on the recent 3-day chart.

Things are looking good so far . However, the increasing trading volume and the influx of inexperienced investors driven by FOMO, leading to hasty buying decisions based on the expectation of reaching new price peaks, indicate characteristics of a potential bubble in the crypto market. The upcoming Halving event in April and the anticipated approval of the spot ETH ETF in May indicate that this bull run will continue throughout this season. Any predictions on whether a BTC price correction is on the horizon? How far do you think the price will go now that it has broken through resistance levels?

#tothemoon