2 counterarguments for CNBC’s Brian Kelly who sees a $19K Bitcoin top

CNBC Fast Money trader Brian Kelly sees three potential signs of a price top as (BTC) hits $19,000. Both fundamental and technical factors suggest a pullback could be imminent as the rally becomes overextended.

1-hour chart (Binance). Source: TradingView.com

Kelly named three reasons why a short-term Bitcoin pullback might occur. The reasons were the pump of altcoins, overpriced address growth and high funding rates. On Nov. 25, he said on CNBC: