Has $BTC finished its correction? Or is it still ongoing? The market has not yet given us a clear signal, but I expect it to very soon. For now, the price seems to be rising within a channel. The top of the channel intersects with the psychological price level of 100K. If the price does not break the channel decisively upwards, the probability of seeing new lows will increase considerably, even if it is not certain.
Update at 01:37 AM: I consider the deep correction that has occurred in the last few hours as a sign that we will see deeper correction in $BTC . For this reason, I change my preferred count like that $BTC will test the 100K price level with an upward reaction from the current price level, but it will fail and then we will see a deeper correction. Click here for my previously published related post.
Now my alternative count is a scenario where we will target new highs after break of the 100K price level with a significant momentum. Click here for my previously published related post.
