BTCUSDT 1D | Bitcoin price overview: Upcoming Correction
Bitcoin has been rising in the eve of halving for the last few days, with a maximum of $9,450. Three consecutive price peaks were formed on the chart, combined with three descending peaks on the MACD.
The RSI is in the overbought zone, which indicates that the price is in the process of being corrected.
In the coming days we should see the price correction in the support zone - $8,600, and if the bears succeed to expand the attack, their target may be 8,000.
Subscribe to the channel and watch the situation in the bitcoin market!
The RSI is in the overbought zone, which indicates that the price is in the process of being corrected.
In the coming days we should see the price correction in the support zone - $8,600, and if the bears succeed to expand the attack, their target may be 8,000.
Subscribe to the channel and watch the situation in the bitcoin market!