Bitcoin Correction - How far will the course fall?
After several days of sideways correction, the Bitcoin slips back to the support zone at $ 11,800. If this is sustainedly broken, a downward correction of up to 8,900 and 7,900 - 8,100 USD would be possible. There, the Bitcoin should then turn up again.
For new impetus in favor of the bulls, the value must again climb over $ 16,000, then an attack on the all-time high possible. Above this, rally potential opens up to initially $ 30,000.
Jackyhng thanks for the update and chart. It should reverse soon.
Could you please share it so that more people can follow the analysis.
Resteemed and upvoted.