BTC: The Correction Phase.
Hello traders,
I hope you're all safe and sound.
Since reaching the all-time high of 73.8k, BTC has already undergone a 12% correction and it seems this correction is just beginning.
In this 6-hour chart, we observe two major support levels for BTC: the first is the 100 EMA at the current price level and the second lies at 63k. If these supports are breached, the next level would be between 57k-59k.
I trust this information is helpful. Trade safely.
Regards,
Team Dexter.
#BTCUSD
I hope you're all safe and sound.
Since reaching the all-time high of 73.8k, BTC has already undergone a 12% correction and it seems this correction is just beginning.
In this 6-hour chart, we observe two major support levels for BTC: the first is the 100 EMA at the current price level and the second lies at 63k. If these supports are breached, the next level would be between 57k-59k.
I trust this information is helpful. Trade safely.
Regards,
Team Dexter.
#BTCUSD
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