robertroman7

Is the Bitcoin Correction Still happening?

BINANCE:BTCUSDT   Bitcoin / TetherUS
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Hello guys, I was just reviewing the chart data and decided to take a look at the percentage of each big dump the past two days. I also will include the duration of each dump. On the 15 minute chart, I see that the 1st dump happened at a 1hr and 30-minute duration and dumped at 7.66% percent. The 2nd dump happened at a 1hr and 30-minute duration and dumped at 6.66% percent. The 3rd dump happened at 1 hour and dumped 5.66% percent.

Due to the data on the chart, I honestly feel like BTC is still on a correction phase. It could be that the correction will end around Sunday, and we will truly find out the route BTC will want to go. It could be up and it could be down. As of now I'll be looking at each dump, and keep you guys updated.
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