InvestMate ₿ Bitcoin Is Trying To Make A Correction ₿

₿ Bitcoin is trying to make a correction

₿ Nearest strong support zone: around the fibo level of the 0.236 upward wave.

₿ Nearest strong resistance zone: around recent peaks.

₿ Technical environment:

📊 Moving averages: Uptrend

📊 MACD: Downtrend

📊 RSI: Uptrend

₿ Bitcoin for the next week in a row can't find enough strength to continue rising, it is exactly as I wrote in my last post

It looks like we are slowly trying to make a downward correction. Again, the main levels of interest remain around the nearest support zones of the last upward wave. Looking at the return of dollar strength, the downward scenario looks more likely.

📉 The scenario I'm playing out is the execution of a downward correction to the vicinity of the nearest support levels. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.

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