If we look at bitcoin in a weekly time frame and in a long-term view, we see that the price, after breaking the uptrend line, rushed to the broken area again but failed to break the line and entered a corrective phase. Now, if the price can get out of the yellow channel, we can say that it is out of the correction phase, otherwise the price may go down to 200 movingavrage.
This is just my personal opinion about the coming weeks and there is no certainty.
Please share your comments with me.
This is just my personal opinion about the coming weeks and there is no certainty.
Please share your comments with me.