Bitcoin (BTC) price reached its highest price in a month at $21469 and was expected to make a price correction.
BTC is making an anticipated correction towards $20600K. Falls below this price may experience sharp withdrawals. Corrective movements were present on the relative strength index charts. I think it would not be wrong to say that BTC can make healthier and more positive rises after this correction.
Bitcoin (BTC) price hit a new monthly high at $21,469 before starting a downside correction. What to expect now in BTC, which turned its direction down on the first day of the new week
BTC seems to have made an anticipated correction towards $20,600 before starting a fresh rise.
If BTC falls below $ 20,600, it could drag the price down further. In this case, it can be seen that the price has declined to the $20,200 level.
We can see that BTC has cut the bolinger band down on the 4-hour chart. I can evaluate the trade process if it exceeds the level of $ 21156 in the current 4 hours with volume.
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