Is correction OVER for Bitcoin?
Correctiong for Bitcoin has just started, we droped down around 30%, and now we are having next step of correction. On higher TF we stil have HG/HL which is good, the structure of the chart hasn`t been destroyed. But on lower TF we are bearish.
My point is to compare curent correction move with previous correction which occured in January. It took around 20 days for price to start growing again, so I assume we will have more less similar situatuin now.
Generally March isn`t the best month for the market, so we will see high volatility and continue current correction for the next couple of weeks.
After that I expect we will continue our bull run and altseason.
Thank you for watching.
P.S.
It is my personal opinion. I am not financial adviser. DYOR.
Have a nice day!!!
My point is to compare curent correction move with previous correction which occured in January. It took around 20 days for price to start growing again, so I assume we will have more less similar situatuin now.
Generally March isn`t the best month for the market, so we will see high volatility and continue current correction for the next couple of weeks.
After that I expect we will continue our bull run and altseason.
Thank you for watching.
P.S.
It is my personal opinion. I am not financial adviser. DYOR.
Have a nice day!!!
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