Is Bitcoin Price Headed For A Correction Or A Breakout From $28,000?
The volatility of Bitcoin price has always been a hot topic in crypto, as BTC fluctuates rapidly because of various factors such as regulatory changes and market sentiments. As Bitcoin continues to gain mainstream adoption, the anticipation for its next move is at an all-time high. Bitcoin enthusiasts and investors alike are eagerly anticipating the next move of the world’s most popular cryptocurrency, as it stands at a critical crossroad. While the long-term outlook for Bitcoin’s price remains bullish, the short-term trend is yet to be determined, leaving many wondering if....
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Earlier this morning we published a piece that highlighted the action we have seen in the bitcoin price over the past couple of days. We noted the run towards 300 we saw on Tuesday afternoon, the subsequent correction towards 287 flat, and the triangle that formed and contained price action throughout Wednesday morning in Europe. Now the European session is drawing to a close, we have seen the pattern that we highlighted complete, and the bitcoin price once again resume its bullish momentum. With this said, what are the levels to keep an eye on as we head into the early US afternoon....