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RE: Bitcoin (BTC) Morning Update: Is the Correction Over?
Great analysis and thank you for your time! Here are my two cents:
Three reasons why I do not believe correction is over.
- Close below 50 week MA
- Bearish TK cross on weekly Ichimoku Cloud
- Gap in volume profile
We are still oversold in the short term and I expect a rally over the next 2-14 days. However, the correction is far from over IMO!
