Bitcoin may be looking at continued ‘healthy’ correction over the next few days
Bitcoin, Ethereum, and all the major cryptocurrencies are undergoing a major market correction right now. The global crypto market has dipped by 3% in the last 24 hours. As part of this Black Friday, Bitcoin, the largest token witnessed more than a 7% price correction, it was trading below the $58k mark. The amount of liquidation in 12 hours was about 483 million US dollars.
Crypto analysts or even the strong hands HODLers remain undeterred from this well recognized path. Credible Crypto, a renowned analyst with over 265k followers added his bullish narrative.
Source: Twitter
With reference to the plot added above, the said analyst quoted:
“19 months later, and here we are. It really doesn’t matter what type of structure this Wave 4 forms – the
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