Bitcoin Remains Well Positioned For a Deeper Correction

[TradingPuzzles]

Bitcoin Remains Well Positioned For a Deeper Correction

Bitcoin is currently trading around 109,300 USDT after failing to continue higher. The chart shows signs of weakness, with a potential bearish move ahead.

It looks like we could be in for a bigger correction before the price drops further. That’s what the data so far suggests.

Whether BTC will extend into a normal correction or a bigger correction remains to be seen. We can not predict when the price might finish the correction most of the time.

If the bearish scenario continues, the next key support targets are:
100,000
88,300
79,000

Bitcoin is under pressure, and unless it recovers strongly above current highs, we may see a gradual move down toward the listed targets.

You may find more details in the chart!
Thank you and Good Luck!

[theSignalyst]

I agree brother keep it up

[TradingPuzzles]

@theSignalyst Thank you:)

[m_c_jacob]

Yeah, is not looking good for bulls