Will Bitcoin correction continue further?
Bassti T
Bitcoin
3 years ago
1 QCP
Right now Bitcoin chart on the 4H Timeframe (TF) and especially on 24H TF looks weak and it is not impossible to see a further correction. The next strong support if Bitcoin corrects further will be $26K. Unless a lot of buying power pushes Bitcoin price back up, we may see a further correction in my opinion.
It is a healthy correction in a Bullish market.
The key is to see how Altcoins/Bitcoin pairs look like during Bitcoin dip and as long as they look strong, it is a great sign.
It is a healthy correction in a Bullish market.
The key is to see how Altcoins/Bitcoin pairs look like during Bitcoin dip and as long as they look strong, it is a great sign.
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